Application Development Discussions
Join the discussions or start your own on all things application development, including tools and APIs, programming models, and keeping your skills sharp.
cancel
Showing results for 
Search instead for 
Did you mean: 

Differnece between GL account maintained for taxes & GL account per excise transaction.

Former Member
0 Kudos


Hello team,

I have one doubt regarding GL accounts maintained in tax code & GL account maintained per excise transaction.

I am configuring TAXINN procedure in system . As I understand tax rate calculates based on conditions rate in tax codes.

We are maintaining GL account in OB40 transaction.
But again i saw GL accounts to be maintained in "specify GL accounts for excise transaction" .

Can anybody tell me difference between thiis 2 entries? If we are maintaining GL aacounts in OB40 then why it is necessory to maintain Gl account in


"Specify GL accounts for excise traansaction" ?

If i do not maintan GL account there then what will be the impact.

Please clerify.

Prashant

5 REPLIES 5

Former Member
0 Kudos

Hi Prashant,

If you set Non-deductible indicator in OBCN against your particular account key, tax amount  will be added to material cost. And if you set posting indicator as 3 it will post to separate account during MIRO.

You maintain separate account in OB40, if you need to show it as separate line item (example for vat conditions)

Its for capturing  accounts like VAT accounts to separate G/L account.

Specify GL accounts for excise transaction"


Example for import process you will be maintaining BCD-Basic Excise Duty AED-Additional Excise Duty

CVD-Countervailing Duty.


These things you will be captured in J1IEX_C - Capture Excise Invoice. RG23A Part -I Part-2.  every excise transactions will be captured if you maintain G/L account here.


Its for capturing Excise duties such as BCD,AED SED to separate G/L account


Regards

Subbu.

Lakshmipathi
Active Contributor
0 Kudos

In the same menu path, have you checked by clicking the "IMG Documentation" which explains the usage of this configuration?

G. Lakshmipathi

Former Member
0 Kudos

Hello Both Thanks,

Is it means in OB40 , only VAT / CST/ Service tax related GL accounts can be maintained?

If yes, only if it is to be added in material cost ? then where to maintain GL accounts for

VAT/CST/Service tax in case of availing credit on it.

Prashant Keluskar.

0 Kudos

Hi Prashant,

You cannot avail credit on CST VAT & service tax. Either it will go to material account or it ll be calculated separately based on deductible or non-deductible which you ll maintain in OB40.

You can avail  cenvat credit based on G/L account which you are giving in

Specify GL accounts for excise transaction"


Check this link



http://wiki.scn.sap.com/wiki/display/ERPLO/Copy+of+CIN+Configuration

Regards

Subbu.

Former Member
0 Kudos

Hi Prashant,

Normally when there is a Tax condition types - Sales tax, Central sales tax, Service tax(i.e Condition class - D & condition category - D taxes) system always fetches the G/L from OB40 with the combination of tax code. Specify GL accounts excise transaction is only for central excise related G/Ls & Condition class for this C.types is discount or surcharge. E.g The G/Ls will be determined when you post a excise invoice where as in case of taxes they are determined at the time of posting billing document.

Regards,

S.Himavanth.