Belgium Taxes On Sales Orders and Credit notes

[sridhar_v]

Hi,

I have the requirement where

Tax codes for the credit notes should be different than the sales order tax code.

I understand that one can not have two different tax codes assigned to one country code, but is there any way out for this?

Kind Regards,

Sridhar.

[Lakshmipathi]

I understand that one can not have two different tax codes

There is no rule like this.  If a Business process warrants to have a different FI postings, then you can differentiate the Account Key in one of the pricing procedures.  This is assuming that you have different pricing procedures for normal sales and credit note

G. Lakshmipathi

[phanikumar_v3]

Two queries:

1.What was the accounting key assigned for your sales order & credit notes related pricing procedures in V/08--Is there any difference??

2.  if find the difference-then easily we can differentiate between these accounting keys at OB40 with respective Tax code.. for this just we need to create new sales order with details>>>then just double click on tax condition type at Item conditions--then check the accounting key..(same you can do for credit memo too)

I understand that one can not have two different tax codes assigned to one country code, but is there any way out for this?

No-you can have no.of Tax codes based on the client Tax portfolio..

Pl confirm..

Phanikumar

[Shiva_Ram]

You can maintain document type in the access sequence to pull a different tax code. My recommendation is to consult with a tax specialist to make sure that the tax process is in line with tax filing requirements.

Regards,

[VeselinaPeykova]

This is not true, you can have different tax codes determined for a single country.

In standard for domestic sales you use customer tax classification and material tax clasification to determine different tax codes for example for FG products and for services, for customers with full VAT or without VAT or with different VAT.

You can also create access to add to the standard sequuence for order type or billing type for domestic sales - e.g. Country/Dest.country/Tax.classification customer/Tax classification material/Billing type.

Of course you have to ensure to post to the correct accounts by setting up the tax procedure and the tax codes.