T-code ftxp

[Former Member]

Hi

I am working on transaction code FTXP.Can some one explain me the basic of NW,VS1,NW1 ,NW2 ,NW3,NW4 etc.Or can give any link or doc explaining these things.Currently I use it based on hit and miss theory.Some times it work.

[Former Member]

FTXP is an Transaction Code for creating Tax Codes. Tax Code could be created for Input tax or Output Tax. Tax Code has a limit of 2 character which can be alphabetic, Alpha mumeric, mumeric or special character combination.

Regards,

Rajesh Banka

[Former Member]

<b>There are basically two types of taxation that can be processed in the SAP System:</b>Taxes at federal level/national level

Taxes below federal level/at regional level

Calculation procedure:

A calculation procedure is defined for each country, each containing the specifications required to calculate and post tax on sales/purchases. Each calculation procedure contains several tax types, which are called condition types in the procedure.

The system defaults condition types when you define a tax code. The condition type (such as input or output tax) specifies the base amount on which the tax is calculated and the account key that is used to post the tax. The specifications necessary for calculating and posting tax have been defined for the condition type and account key.

The calculation procedure determines the amount on which the individual condition types are calculated. This can be the base amount (total of expense and revenue items) or a subtotal. Incoming acquisition tax, for example, is not calculated based on the expense or revenue items, but on the tax amount for outgoing acquisition tax. The column Fr.level determines the amount on which tax is calculated.

<b>Condition type</b>

You define the following information for each condition type:

Condition type and condition class. For example, where tax is to be calculated, the condition type might be "base amount" (K) or "tax" (D), and the condition class "base amount" (A) or "tax" (D).

Calculation rule: Either "percentage included" (A) or "percentage separate" (I)

The side of the account to which the tax amount is posted. This need only be specified for additional taxes, since these (in contrast to input, output, and acquisition tax) can be posted to either side of the account. If you want tax to be posted to the opposite side of the account, select the +/- sign field.

Whether it is possible to change the tax amounts and percentages (which are displayed on a special screen) when you enter a document. To make this possible, choose the Manual entries field, then choose either Rate/percent (to make the percentages changeable), or Value (to make the tax amounts changeable).

<b>Process key:</b>

The process key contains the following properties:

Tax type. This is required for reporting purposes, to be able to determine where the individual tax line items in a document are to be displayed. As tax type you can specify either output tax ( 1 ), input tax ( 2 ), additional tax ( 3 ) or not relevant to tax ( 4 ).

Non-deductible input tax. This specification is also required for reporting. When input tax and non-deductible input tax is posted, separate line items are created if the non-deductible part is not to be distributed to the G/L account line items and asset line items. For tax reporting, you must indicate the input tax line items that do not display the non-deductible portion of input tax.

Posting indicator. You specify whether the tax amount is posted separately ( 2 ) or distributed between expense and revenue line items ( 3 ).

The system posts tax to the tax accounts automatically. You can specify tax account numbers for each process key. This is not necessary for process keys for which it has been specified that the tax amount is to be distributed (posting indicator 3 ). Therefore, these keys are not offered in the function for entering the tax account numbers.

Document link

http://help.sap.com/erp2005_ehp_02/helpdata/en/e5/078d0b4acd11d182b90000e829fbfe/frameset.htm

[Former Member]

Hi,

These are condition types for Input and the output tax codes.Normally we use VST for Input and MWS for output Tax condition types.

Go to IMG>Fin.A/c>Global Setting>Tax on purchase...

Execute this and go to the "Define Condition Types".You will find these "NW,VS1,NW1 ,NW2 ,NW3,NW4 " mentioned there.By studying them,you will know if they are Input or output Tax condition type.

By understanding this way,you can avoid the "hit and miss"attempts.

Regards.

Ramesh.

[Former Member]

Go to Base line packages and search for Country specifications - India

this is there in the SAP site only.

regards

anantha