Where to maintain LBT (local body tax) number in customer master record

[Former Member]

Where to maintain LBT (local body tax) number in customer master record

[former_member186385]

Hi,

As suggested, check the TAX NUMBER 1, TAX NUMBER 2

and also for each country VAT Registration could also be possible

regards,

santosh

[Former Member]

As we Know that Octroi has been replaced by Local Boby Tax(LBT) and the all LBT registerd Party has to pay total LBT Amount to their Corporation.

LBT is depends on on material Percentage has been decided by their Corporation.

Here is the Customization Process for Local Body Tax in SAP.

1. Create Condition Table 547 and select Material and Vendor for Combination.

Path – SPRO- Materials Management-Purchasing-Conditions- Define Price Determination Process -Maintain Condition Table

1. Select Vendor And  Material For Which we are going to maintain our LBT Percentage and Save.

 

1. Create Access Sequence ZLBT Using New Entry.

Path – SPRO- Materials Management-Purchasing-Conditions- Define Price Determination Process - Define Access Sequences

 

1. Enter Condition Table 547 that we have Created and Select Exclusive Tick and Save.

1. Tcode- M/06 Create Condition Type ZLBT.

Path – SPRO- Materials Management-Purchasing-Conditions- Define Price Determination Process – Define Condition Types

   

1. Create Account Key  ZR6 to which we are going to assign LBT Payeble G/L and Save .

Path – SPRO- Materials Management-Purchasing-Conditions- Define Price Determination Process – Define Transaction/Event Keys

1. Assign G/L Account to ZR6 Transaction Key.

Maintain Percentage of  ZLBT Condition for Vendor and Material Combination.

1. Enter Percentage of LBT on Material and Save.

1. Add  ZLBT Condition Type  to Pricing Procedure.

Path – SPRO- Materials Management-Purchasing-Conditions- Define Price Determination Process - Define Calculation Schema

After all Entries at the Month we will get LBT payeble amount in Our LBT G/L Account.

Then Create vendor of Munciple Corporation and Do the  Payment.

[Former Member]

We can maintain LBT No doing small changes as changing the Field Description in CMOD transaction.

[Former Member]

LBT Payable is Liability for receiver.

Some change is required for gl account assignment , Because OBYC Setting is for material management posting not for generate liability.

like.

1. Create new Account key ZR6 in transaction code OBCN.

2. Assign General ledger account with same Key in transaction code OB40.

[Former Member]

Dear,

       Actually that is correct but LBT is like Octroi and it gets loaded on material at the time of MIGO.so that we have created this is from OBYC settings. Also if we create key in OBCN then we cant use this key in MM pricing because it works on Accruals Keys.

[moazzam_ali]

There are tax number fields in customer master data. Don't you think these are for maintaining tax numbers? Please check and explore.

Thank$

[juanpablo_carro]

Hi,

The request is that a supplier can have SEVERAL LBT registration numbers, one per each municipality where is operating.

I am having the same requirement, if any of you have found a solution to this, it would be greatly appreciated.

thank you and regards,

Juan Pablo