FICA - Multiple VAT line items + Funds Management

[Former Member]

Hi dear all,

I'm currently on public sector project.

Our customer is requiring VAT to be updated in funds management with the same key as the profit account.

The problem is when we use the same VAT code, despite several profit gl account and items, the VAT is summarized. If so, we are not able to correctly derivate the funds management key (commitment item, funds and funds center).

I want to know how to post VAT line by line on FICA.

lets give an example of the requirement: (same VAT code used, but commitment item should be different according to the profit and loss gl account ).

item 1 Customer 1 - Amt: 123 euros - tax code: 06 - 23%, Commitment Item: 1 Fund: dummy: Funds Center: P1

item 2 Customer 1 - Amt: 61,5 euros - tax code 06 - 23% Commitment Item: 2 Fund: dummy: Funds Center: P2

item 3 Profit Account Service 1 - Amt: 100 Euros, Commitment Item: 1 Fund: dummy: Funds Center: P1

item 4 Profit Account Service 2 - Amt: 50 euros, Commitment Item: 2 Fund: dummy: Funds Center: P2

item 5 VAT Service 1: Amt: 23 euros, tax code 06 -23%. Commitment Item: 1 Fund: dummy: Funds Center: P1

item 6 VAT Service 2: Amt: 11,5 euros, tax code 06 -23%. Commitment Item: 2 Fund: dummy: Funds Center: P2

[Former Member]

Hi all, do you have any idea?

I'm planning to use event 174 and 175.

In event 174 I can add commitment item, found and found center to the summarization criteria. then I can achieve the breaking.

after I can use 175 to make the correct determination on PSM key.

anyone to share some thoughts?

thank you in advance

[Former Member · Accepted solution]

Hi all,

i just found the solution.

under: Financial Accounting (New) -> Contract Accounts Receivable and Payable -> Organizational Units -> Set Up Company Codes for Contract Accounts Receivable and Payable.

there is a setup for TAX ITEMS: 1 - Distribution Active, No Separate Tax Reporting Data.

this automatically makes the split on tax code lines according to account assignment, including Funds Management.