Professional Documents
Culture Documents
Transfer of Balance of Deferred Tax Accounts When There Is More Than One Tax Line Item
Transfer of Balance of Deferred Tax Accounts When There Is More Than One Tax Line Item
Applies to:
Any business organization having Deferred Tax Implemented. This is applicable from ECC 6.0. For more
information, visit the Enterprise Resource Planning homepage.
Summary
This article displays the process of transferring multiple tax line items by using program RFUMSV50 instead
of RFUMSV25.
Author:
Author Bio
Suresh Kumar Reddy B.S has done M.B.A with specialization in Finance and has more than 5 years
experience with SAP. Presently working with Intelligroup and has been part of FICO competency since
February 2005.
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Table of Contents
Introduction ................................................................................................................................................... 3
Objective....................................................................................................................................................... 3
Business Requirement .................................................................................................................................. 3
Solution......................................................................................................................................................... 4
1.
Procedure......................................................................................................................................... 4
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Introduction
As a solution provider you may have requirement to run program RFUMSV50 with multiple tax line items in
regard to Service Tax, Education Cess and Higher Education Cess.
Objective
The objective of this article is to explain step by step process for transfer of multiple tax line items by using
program RFUMSV50 instead of RFUMSV25
Business Requirement
Service Tax credit cannot be utilized unless the vendor invoice is paid. This is the reason till the payment is
done, the service tax amount will be accumulated in deferred tax account and once the invoice is paid, the
balance in deferred tax account need to be transferred to respective Service Tax, Educational Cess and
Higher Educational Cess accounts. There can be different business scenarios for full and partial payment .To
facilitates the transfer of such deferred balance to respective accounts; SAP has come up with a new
standard program RFUMSV50 instead of RFUMSV25. To overcome the limitation of this program i.e. not
able to take care of more than one tax line item, below the solution is provided with scenario Full payment is
made for the vendor invoice.
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Solution
1.
Procedure
VOFM
FIBF/BF31
Via Menus
-NIL-
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
-NIL-
Field Name
R/O
Comments
Procedure
TAXIN
Descript
Select
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Field Name
R/O
Comments
Step
113
Counter
CTyp
IDST
Description
Fro
100
AccKey
IDS
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Via Menus
FTXP
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Field Name
R/O
Comments
Description
Tax Type
SA
Target tax
code
Select
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Field Name
Tax Percent.
Rate
Tax Percent.
Rate
Tax Percent.
Rate
R/O
10.000
0.200
0.100
Comments
The tax rate gives the percentage rate for the
corresponding Service Tax
The tax rate gives the percentage rate for the
corresponding Educational Cess
The tax rate gives the percentage rate for the
corresponding Secondary Educational Cess
Note: Create another Tax Code SA as copy of tax code DA without the option Target tax code.
1.6 Define Deferred Tax Rules
Via Menus
-Nil-
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Field Name
R/O
Comments
Rule
0001
Document
Via Menus
-Nil-
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Field Name
R/O
Comments
CoCd
3302
Company
Name
Rule
0001
FB60
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
F110
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
S_AC0_52000644
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Field Name
Company Code
Document
Number
Fiscal Year
Time Frame
Tax Code
Vendor
Type of Run
R/O
Comments
The company code is an organizational unit within
financial accounting.
3302
The document number is unique per company
code and fiscal year. When entering an accounting
document, you can specify the number manually
or it can be determined by the system from a predefined area (number range).
1100000337
2009
11.09.2009
11.09.2009
to
DA
A8871
Do not Update
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Select
button
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Select
button
Field Name
Update
Documents:
Update Run
R/O
RFUMSV50_1
Comments
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Select
button
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
SM35
Select Session
And select
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Select
Select
push button
button
FBL3N
Field Name
G/L account
R/O
Company Code
3302
Cleared Items
Clearing date
11.09.2009
Comments
Account number of the G/L line item display
The company code is an organizational unit within
financial accounting
Displays Items that were Cleared at the clearing
date
The opening date specifies as from when the item
is to be regarded as cleared.
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Select
Select
button
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Select
button
Field Name
G/L account
R/O
Company Code
3302
Cleared Items
Clearing date
11.09.2009
Comments
Account number of the G/L line item display.
The company code is an organizational unit within
financial accounting
Displays Items that were Cleared at the clearing
date
The opening date specifies as from when the item
is to be regarded as cleared.
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Select
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Select
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Select
button
From above screen shots the deferred tax amounts have been transferred from G/L Codes 127124,
127125 and 127126 to 127121, 127122 and 127123.
1.13 Conclusion
From the above configuration and transactional screen shots, the balance of deferred tax can be transferred
with more than one line item by using program RFUMSV50. The transferred balance can be captured in
separate G/L accounts like Service Tax Credit, Service Tax Educational Cess and Service Tax Higher
Educational Cess.
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Related Content
http://help.sap.com/erp2005_ehp_04/helpdata/EN/12/9650d041b04b619f613165c98623dd/frameset.htm
For more information, visit the Enterprise Resource Planning homepage.
Transfer of Balance of Deferred Tax Accounts when There Is More Than One Tax Line Item.
Copyright
Copyright 2010 SAP AG. All rights reserved.
No part of this publication may be reproduced or transmitted in any form or for any purpose without the express permission of SAP AG.
The information contained herein may be changed without prior notice.
Some software products marketed by SAP AG and its distributors contain proprietary software components of other software vendors.
Microsoft, Windows, Excel, Outlook, and PowerPoint are registered trademarks of Microsoft Corporation.
IBM, DB2, DB2 Universal Database, System i, System i5, System p, System p5, System x, System z, System z10, System z9, z10, z9,
iSeries, pSeries, xSeries, zSeries, eServer, z/VM, z/OS, i5/OS, S/390, OS/390, OS/400, AS/400, S/390 Parallel Enterprise Server,
PowerVM, Power Architecture, POWER6+, POWER6, POWER5+, POWER5, POWER, OpenPower, PowerPC, BatchPipes,
BladeCenter, System Storage, GPFS, HACMP, RETAIN, DB2 Connect, RACF, Redbooks, OS/2, Parallel Sysplex, MVS/ESA, AIX,
Intelligent Miner, WebSphere, Netfinity, Tivoli and Informix are trademarks or registered trademarks of IBM Corporation.
Linux is the registered trademark of Linus Torvalds in the U.S. and other countries.
Adobe, the Adobe logo, Acrobat, PostScript, and Reader are either trademarks or registered trademarks of Adobe Systems
Incorporated in the United States and/or other countries.
Oracle is a registered trademark of Oracle Corporation.
UNIX, X/Open, OSF/1, and Motif are registered trademarks of the Open Group.
Citrix, ICA, Program Neighborhood, MetaFrame, WinFrame, VideoFrame, and MultiWin are trademarks or registered trademarks of
Citrix Systems, Inc.
HTML, XML, XHTML and W3C are trademarks or registered trademarks of W3C, World Wide Web Consortium, Massachusetts
Institute of Technology.
Java is a registered trademark of Sun Microsystems, Inc.
JavaScript is a registered trademark of Sun Microsystems, Inc., used under license for technology invented and implemented by
Netscape.
SAP, R/3, SAP NetWeaver, Duet, PartnerEdge, ByDesign, SAP Business ByDesign, and other SAP products and services mentioned
herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and other countries.
Business Objects and the Business Objects logo, BusinessObjects, Crystal Reports, Crystal Decisions, Web Intelligence, Xcelsius, and
other Business Objects products and services mentioned herein as well as their respective logos are trademarks or registered
trademarks of Business Objects S.A. in the United States and in other countries. Business Objects is an SAP company.
All other product and service names mentioned are the trademarks of their respective companies. Data contained in this docume nt
serves informational purposes only. National product specifications may vary.
These materials are subject to change without notice. These materials are provided by SAP AG and its affiliated companies ("S AP
Group") for informational purposes only, without representation or warranty of any kind, and SAP Gro up shall not be liable for errors or
omissions with respect to the materials. The only warranties for SAP Group products and services are those that are set forth in the
express warranty statements accompanying such products and services, if any. Nothing herein should be construed as constituting an
additional warranty.