How do I assign GL to tax code in SAP?

Select the tax procedure TAXD and choose control data from left side. It includes many condition types . The condition type MWAS is also assigned with accounting key MWS. Next step is to assign the tax determination procedure to the country.

How do I add a tax category in SAP?

How to create Tax number category of Business Partner?

Type table name as “V_TFKTAXNUMTYPE” and click on maintain.
Click on new entries, enter the tax category code and text & click on save.
Note: You should follow 2 digit country code (As per ISO) and sequence number.

What is SAP TCode FS00?

The SAP TCode FS00 is used for the task : G/L acct master record maintenance. The TCode belongs to the FBS package.

How does SAP calculate tax code?

SAP uses Condition Method technique to calculate taxes (except Withholding Tax) in the system. Tax Calculation Procedures (defined in the system) together with the Tax Codes are used in calculating the amount of tax. Tax type (Tax Type can be defined by T-code –OVK1). Amount of tax calculated / entered.

Where can I find tax procedures in SAP?

You can maintain tax calculation procedures in SAP by following one of the navigation method. Menu Path: – SPRO –> IMG –> Financial Accounting (New) –> Financial Accounting Global Settings (New) –> Tax on sales/purchases –> Basic settings –> Check calculation procedure.

How do I default my tax code PO?

Step 1: Go to M/03 and create a new condition table with the access criteria. Here, its plant and vendor Region. Step 2: Create a new access sequence, (or add to existing access seq) for MM conditions in M/07 and assign the condition table to the access sequence. Assign the access sequence to the condition type.

Where is tax code maintained in SAP?

You can maintain tax codes by using the following navigation methods. IMG path: – SPRO –>SAP IMG –> Financial Accounting (New) –> Financial Accounting Global Settings (New) –> Tax on Sales/Purchases –> Calculations –> Define Tax Codes for Sales and Purchases.