Plant wise different Tax G/L accounts
There can a requirement where the client may desired to track sales tax payable as per plant basis.
With this tax amount will go to individual G/L account based on plant.
Follow the following steps for Plant wise different Taxation related G/L accounts:
1. TAX CODES
Maintain 3 Tax code corresponding to your Plant region.
This will help you in differniate GL Accounts based on Tax Code.
Use Tcode FTXP to create Tax Code.
Tax Code Description
2. G/L Accounts
To have tax value to different G/L accounts, accordingly you need that number of G/L Accounts.
To do so
(i.) Use Tcode OB40 for maintaining G/L accounts with Tax Code combination. Selection the transaction, say, MW1 - Sales tax 1.
(Info: to know what transaction to choose in transaction OB40, Check TAX account key assigned your tax condition types in your pricing procedure)
(ii.) Click on in Rules activate Tax code. By doing this, it will activate TAX CODE & ACCOUNT in account section.
Now, here you can maintain Tax code & accordingly G/L accounts,
3. Condition Type 's Access Sequence
Finally your tax condition type should have an access sequence with access with following fields:
- Plant's Region
- Customer Tax Classification
- Material Tax Classification
To cater this issue requirement we create a new table with combination Country/Plant/PlntRegion/TaxCl1Cust/TaxCl.Mat. This table can be created with reference std condition table 368 - Country/PlntRegion/Region/TaxCl1Cust/TaxCl.Mat.
Maintain condition record by using TCode VK11 for your Tax condition type.
Customer Tax Classification (TaxCl1Cust)
Material Tax Classification (TaxCl1Mat.)
The following figure will assist in data flow in the process.
Click the thumbnail to enlarge the diagram.