cancel
Showing results for 
Search instead for 
Did you mean: 

tax

Former Member
0 Kudos

Dear experts,

how to set up tax in indian localization, like vat ,cess hsecess etc.

thanks,

srinandha T

Accepted Solutions (0)

Answers (3)

Answers (3)

Former Member
0 Kudos

Hi Srinandha,

if you looking for steps then please see below.

1. Admin--> Setup--> Finance--> Tax--> Tax Type

there you need to create the tax type in like excise, vat, service etc. By double click on the no. of the row, a separate window will open, there you need to define the Purchase tax account and sale tax account and also the Rate and effective date.

2. Admin--> Setup--> Finance--> Tax--> Tax Engine Configuration--> Tax Type Combination

define your preferred combination.


3. Define the formula


4. Admin--> Setup--> Finance--> Tax--> Tax Code. there u need to select the defined combination and also select your preferred rate of tax to be used accordingly.


Thanks,


Harshal

Former Member
0 Kudos

Hi Srinandha,

Kindly go through this link

Thanks,

Harshal

former_member212181
Active Contributor
0 Kudos

Hi Srinandha,

Please refer below links

http://scn.sap.com/thread/2097274

TAX Creation | SCN

Thanks

Unnikrishnan

former_member212181
Active Contributor