How to see Tax Check Calculation Procedure in SAP
Check Calculation Procedure in SAP
The following steps will guide you how to check calculation procedure in SAP
IMG Path: – SPRO – > IMG – > Financial Accounting – > Financial Account Global Settings – > Tax on Sales/ Purchases – > Basic Settings – > Check Calculation Procedure
The standard system comes with two tax calculation procedures.
TAXINN – Condition based
TAXINJ – Formula based
TAXINN: – TAXINN supports only condition based excise determination
TAXINJ: – TAXINJ supports the condition based and as well as formula based excise determination
The difference between TAXINN and TAXINJ procedure is, TAXINN is a condition based and we have to maintain condition records for each condition type and TAXINJ is a formula based for which we maintain a tax code by using FTXP
Tax calculation procedure configuration process: – it can be defined by copying existing procedure or by defining new entries.
Select “Define Procedure”
Select TAXINJ and click on copy icon,
Update your new tax procedure key and press enter
Then select “copy all”, all the entries from TAXINJ copied to new tax procedure TAXADE
Select the Tax procedure and double click on control data
Next control data overview screen, check all condition type, add new conditional as per company requirement
Click on save icon to save configured data. Successfully you defined new procedure.