Need to calculate inventory value with tax

[former_member820572]

Hi

I need to calculate current inventory value with tax but MBEW only consider prices before tax. Can you guide me finding relevant tax code for product x plant combination to match

[Neeraj_Jain]

Hello rajat.jain92,

As I understand from you question you are finding tax code of a material with plant at the time of purchasing. Please correct me if any thing wrong. If you need only Tax code of a material with plant then you can fetch the detail from the standard report by using T-Code ME2M in which all details which you mentioned. You can also explore transaction ME2L, ME2N, ME2W etc.

Regards,

Neeraj Jain

[sanilbhandari]

Hi

I am not sure on the correct business requirement. In general, any indirect tax you incur while purchasing material is a current asset as part of balance sheet and you would set it off against tax liability. If for any reason, you cannot take a credit, than as part of your purchasing schema you should mark the condition with account key assigned as non deductible, typically NVV. This would load the tax value to the inventory as you expect and it would be correctly reflect on your inventory GL as well as subledger reports in MM.

Thanks & Regards

Sanil Bhandari