Tax Procedure & Pricing Configuration for GST in SAP: Step by Step Guide

GST (Goods and Services Tax) is a single tax that will replace all the existing indirect taxes which is rolled out in 2017 April by India Government. In this document you will find instructions for tax procedure & pricing settings on SAP for GST.

Tax Procedure Configuration Steps for GST

  • Create Condition table
    • Create condition table for material [M/05]
    • Create condition table for Services [M/05]
  • Create Access sequence [OBQ2]
  • Create condition type [OBQ1]
    • Create Central GST condition type
    • Create State GST condition type
    • Create Integrated GST condition type
    • Create State GST Non-deductible condition type
    • Create Central GST Non-deductible condition type
    • Create Integrated GST Non-deductible condition type
  • Create Accounting key [OBCN]
    • Central GST
    • Integrated GST
    • State GST
  • Update tax procedure – TAXINN [OBQ3]
  • Maintain tax percentage rates

Pricing Configuration Steps for GST

  • Create Condition table [V/05]
    • Create condition table for material
    • Create condition table for services using transaction code V/05
  • Create Access sequence [V/07]
  • Create Condition types [V/06]
    • Create output Central GST condition type
    • Create output State GST condition type
    • Create output Integrated GST condition type
  • Create Accounting key [OV34]
  • Update Pricing procedure – JINFAC [V/08]

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Profitability Analysis Structure in SAP CO: Concept and Use

This document familiarizes users with the organization structure of the profitability analysis in SAP Controlling module. It also covers the concept and use of characteristic and value field assigned to operating concern and defines the attributes & data structure attached to operating concern.

  • Overview of Operating Concern and its Attributes
    • Configuration Guide – Define Operating Concern [KEA0]
  • Characteristics and Value fields
    • Configuration Guide – Maintain Characteristic [KEA5]
  • Data Structure
    • Configuration Guide – Assign Operating Concern to Controlling Area [KEKK]

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Step by Step Configuration Guide to Dunning in SAP

This guide explains about the dunning (reminder) letters which is sent to customers for their overdue balances after a certain level has reached in SAP System. It follows the process that progresses from gentle reminders to almost threatening letters as accounts become more past due. SAP has automated this process.

Steps involved in configuring the dunning letters in SAP are:

  • configuring the dunning procedures in T-Code FBMP and
  • scheduling automatic dunning run on the schedule dunning run due dates (F150)

With the help of this guide, users can modify the dunning levels, according to their requirements with this configuration steps.
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SAP CO Product Cost Planning: The Absolute Beginner’s Guide

This training guide provides instructions for procedures of planning product costs (CO-PC-PCP) in SAP Controlling module (SAP CO-PC).

  • Purpose of Product Cost Planning in SAP
  • Organizational Structure
  • Cost Related Master Data
  • Overhead Costs (Costing Sheets)
  • Cost Components
  • Cost Component Structure
  • Costing Sequence
  • Costing Methods
  • Material Cost Estimate with Quantity Structure
  • Material Cost Estimate Without Quantity Structure
  • Customizing (Preparation of Costing)
  • Product Cost Planning with Costing Run and Primary Cost Splitting
  • Product Cost Planning with Multilevel Unit Costing

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Tax on Sales & Purchases in SAP: Step by Step Configuration Guide

In SAP, taxes on sales and purchases are levied on invoiced goods and services payable in accordance with the principles of VAT. This applies to input and output tax.

In this manual, following list of configuration steps are executed using Customizing settings in SAP:

  • Step 1: Define Condition type [OBYZ]
  • Step 2: Check and Change Settings for Tax Processing [OBCN]
  • Step 3: Define Procedure [OBYZ]
  • Step 4: Assign Country to Calculation Procedure [OBBG]
  • Step 5: Define Tax Codes for Sales and Purchases [FTXP]
  • Step 6: Create relevant G/L Accounts [FS00]
  • Step 7: Define Tax Codes for Sales and Purchases [OB40]
  • Step 8: Assign Tax Codes for Non-Taxable Transactions [OBCL]

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Actual Flow in SAP CO-PA: Beginners Guide

This manual familiarize users to understand how actual values flow into SAP Controlling – Profitability Analysis (CO-PA). Also how condition type, transfer and allocation cost helps to move actual values in to CO-PA are explained in detail. In addition, it provides an overview of settlement orders and discusses direct postings, variance calculation.

  • Overview of Operating Concern and its Attributes
  • Flow of Actual data in to CO-PA: Demonstration
  • Sources of value field
  • Integration with sales order management [KE41, VA01, FB50]
  • Concept of transfer of Overhead [OKOA]
  • Concept of direct posting [KEI2, MR21]
  • Concepts of transfer & allocation cost
  • Concept of settlement of orders

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Tips & Tricks to Configure SAP for European VAT (UK, BE, NL Case Study)

In this document you will discover where and why standard SAP will not correctly determine VAT with day-to-day, simple business flows, that occur in your organization. Some of SAP’s shortcomings in VAT determination and their possible solutions are also presented.

Part 1:

  • How to automate typical, complex VAT flows in SAP
  • Introduction to tax determination in SAP
  • Case 1: Drop shipment from the UK and an onward domestic sale within Belgium
  • Case 2: Specifics around Triangulation and (external) party suppliers
  • Case 3: Specifics around Customer pick-ups, where goods leave the country (EXW Deliveries)
  • Tip: Avoid complexity in condition records
  • Case 4: Services

Part 2:

  • Plants Abroad – a step by step implementation guide
  • Automating Tax (VAT) determination on AP invoices (PO’s and IDOCs)

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