Version
Version
Organization of Documents
Organized in four volumes to help user access information easily Volume 1 Deals with 2 chapters- Enterprise structure and Global settings. The enterprise structure deals with creation and assignment of organization structure like company, company ID, business areas. The global settings deal with settings at the global level ie, fiscal year, document settings, posting periods, document types and number ranges, taxes on sales & purchases and with holding tax. The volume in addition deals with India specific settings required for CIN. Volume 2 Deals with General Ledger module settings like Chart of accounts, cash journal, bank accounting, open item clearing, financial statement versions, retained earnings and integration with other modules Volume 3 Deals with Accounts Payable and Accounts Receivable module settings like customer and Vendor master records management, transaction postings like invoices, outgoing payments, incoming payments, cheque management, postings with alternative GL accounts. Volume 4 Deals with Asset Accounting module settings like chart of depreciation, integration with general ledger, depreciation, and calculation and asset transactions.
Version
Conventions Used
Typeface/symbol Bold Italic Tcode Indicates 1) Where ever stress has to be made on a particular point. For reference notes Example Note Transaction codes to go to particular transaction
Version
Abbreviations and Acronyms used in this document are listed below Abbreviations or Acronyms Acct Amnt BS Clg Cty G/L Gp IN No. P/L St Trn Type With hld Its expanded from Account Amount Balance Sheet Clearing Country General Ledger Group India Number Profit & Loss account Status Transaction Type With holding
Version
: FI_CD_Ver1.0 : Triveni Engineering &Industries Ltd. 12A Peenya Industrial Area Bangalore - 560058
Project
Document details: Name FI CD Version No. 1.0 Description This is the document for configuration of Finance module in SAP for TEIL SAP Implementation
Revision details: Action taken (Add/del/chg) Preceding Page No. New Page No. Revision Description
Change Register serial numbers covered: None The documents or revised pages are subject to document control. Please keep them up-to-date using the release notices from the distributor of the document. These are confidential documents. Unauthorized access or copying is prohibited. Approved by: Authorized by: Date: Date:
Version
Client
:. Triveni Engineering &Industries Ltd. 12A Peenya Industrial Area Bangalore -560058
: TEIL SAP Implementation. : Finance Configuration Document ver 1.0 Revision Description Page No Prev Pag e No Action Taken Addendum/ New Page Rel Notice Ref
Version 1.0
TABLE OF CONTENTS 1 ENTERPRISE STRUCTURE......................................................................................................................9 1.1 GENERAL SETTINGS.................................................................................................................................9 1.2 DEFINITION..............................................................................................................................................9 1.3 ASSIGNMENT..........................................................................................................................................12 2 GLOBAL SETTINGS.................................................................................................................................14 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 FINANCIAL ACCOUNTING GLOBAL SETTINGS........................................................................................14 DOCUMENT............................................................................................................................................18 WITHHOLDING TAX ..............................................................................................................................36 INDIA LOCALIZATION MENU.................................................................................................................49 TEXT DETERMINATION..........................................................................................................................62 NUMBER RANGES .................................................................................................................................62 REPORTS................................................................................................................................................63 MESSAGE CONFIGURATION....................................................................................................................63
Version 1.0
1 Enterprise Structure
This chapter covers the requirements and the customization details of the Financial Accounting enterprise structure. This includes configuration for setting up the enterprise structure and assigning organizational units to the structure defined.
1.1
General Settings
1.1.3 Currencies
1.1.3.1 Enter exchange rates
In this step , the exchange rates for various currencies are set. Menu Path Table Details of the configuration IMG General Settings Currencies Enter exchange rates V_TCURR As given below
Please note that the above needs to be updated with the current rates every time.
1.2
Definition
Version 1.0
1.2.1.2
Maintain credit control area IMG Enterprise structure Maintain Structure Definition Financial accounting Maintain credit control area No configuration was carried out
The Company code is created here. A company code is a legal entity for which balance sheet and PL account are prepared. Here STBG company code has been created for the Turbine business Group of Triveni. All transactions will be with respect to this company code only. Menu Path Table Details of the configuration IMG Enterprise structure Maintain Structure Definition Financial accounting Define, copy, delete, check company code T001 Company code STBG defined and currency INR and Language EN attached
Please note that in production client we will not be able see this details in the given path. We need to select Edit company code data option to see the details.
Version 1.0
1.2.1.4
Business areas are created for tracking the operations of divisions in a company code. Menu Path Table Details of the configuration IMG Enterprise structure Maintain Structure Definition Financial accounting Define business area TGSB As below Five business areas have been defined
Version 1.0
No configuration done
1.3
Assignment
1.3.1.2
Assign company code to credit control area IMG Enterprise structure Maintain Structure Assignment Financial Accounting Assign company code to credit control area No configuration carried out
Version 1.0
1.3.1.3
Assign business area to consolidation business area. IMG Enterprise structure Maintain Structure Assignment Financial Accounting Assign business area to consolidation business area No configuration carried out
Menu Path
Assign company code to Financial management area IMG Enterprise structure Maintain Structure Assignment Financial Accounting Assign company code to Financial management area. No configuration carried out
Menu Path
Assign controlling area to Financial Management area. IMG Enterprise structure Maintain Structure Assignment Financial Accounting D: Assign controlling area to Financial Management area. No configuration carried out
Menu Path
Version 1.0
2 Global Settings
This chapter covers the requirements and the customization details of the Financial accounting global settings. This includes configuration for business area, fiscal year and document settings.
2.1 2.1.1
2.1.1.1
In this activity, various global specifications for the company code can be made. In addition, one can look at the most important specifications of the company code at any time in the overview. This includes, among other things, the chart of accounts and the fiscal year variant. Menu Path Table Transaction Details of Configuration IMG Financial Accounting Financial Accounting Global Settings Company Code Enter global parameters V_001_B As given below
Version 1.0
2.1.2
2.1.2.1
Menu Path
Define foreign VAT registration number IMG Financial Accounting Financial Accounting Global Settings Company Code Vat Registration Number Define foreign VAT registration number No configuration
Menu Path
Activate Extended Withholding tax IMG Financial Accounting Financial Accounting Global Settings Company Code Activate Extended Withholding Tax T001_EXT Extended Withholding Tax activated for company code STBG
Version 1.0
2.1.2.4
Prepare Cost of Sales Accounting IMG Financial Accounting Financial Accounting Global Settings Company Code Prepare Cost of Sales Accounting No configuration
Multiple Currencies Define additional local currencies IMG Financial Accounting Financial Accounting Global Settings Company Code Parallel Currencies Define additional local currencies No configuration
Define additional local currencies for ledgers IMG Financial Accounting Financial Accounting Global Settings Company Code Parallel Currencies Define additional local currencies for ledgers No configuration
No configuration done 2.1.2.7 Set Company Code to Productive IMG Financial Accounting Financial Accounting Global Settings Company Code Set Company Code to Productive The company code will be set to Productive on go live
Version 1.0
2.1.3.2
Check Display Authorization for Business Area IMG Financial Accounting Financial Accounting Global Settings Company Code Business Area check Display Authorization for Business Area
Menu Path
In this step we define the financial year of the company code. Menu Path Table Transaction Details of the configuration IMG Financial Accounting Financial Accounting Global Settings Fiscal Year Maintain fiscal year variant T009_A OB29 Using standard variant V3 with 12 standard periods and 4 special periods.
2.1.4.2
Allocate company code to fiscal year variant IMG Financial Accounting Financial Accounting Global Settings Fiscal Year Allocate company code to fiscal year variant V_001_U OB37 Company code STBG assigned to variant V3
Menu Path
Version 1.0
2.2
Document
Define variants for open posting periods IMG Financial Accounting Financial Accounting Global Settings Document Posting Periods Define variants for open posting periods T010O SAP Standard variant 0001 used
Menu Path
2.2.1.2
This configuration is done to facilitate the flexibility of allowing the transactions in the desired period only. Menu Path IMG Financial Accounting Financial Accounting Global Settings Document Posting Periods Open and close posting periods V_T001B OB52 Details of configuration are as under
The settings here determine which periods are open for posting.
Version 1.0
2.2.1.3
Allocate company code to variant IMG Financial Accounting Financial Accounting Global Settings Document Posting Periods Allocate company code to variant
Menu Path
Version 1.0
This configuration is done for specifying the system what number ranges the documents should bear. Menu Path IMG Financial Accounting Financial Accounting Global Settings Document Document Number Ranges Define Document number ranges INRDP (structure) FBN1
2.2.2.2
Copy to company code (No Configuration) IMG Financial Accounting Financial Accounting Global Settings Document Document Number Ranges Copy to company code NRIV OBH1 No configuration
Menu Path
Version 1.0
2.2.2.3
Copy to fiscal year (No Configuration) IMG Financial Accounting Financial Accounting Global Settings Document Document Number Ranges Copy to fiscal year OBH2 No configuration
Menu Path
The document types along with the number range and account types given is as follows
Version 1.0
2.2.3.2
No configuration was carried out 2.2.3.3 Check Assignment of Document Class to Document Type IMG Financial Accounting Financial Accounting Global Settings Document Document Header Check assignment of document class to document type
Menu Path
Financial Accounting Configuration Manual 2.2.3.4 Check display Authorization for Document Type IMG Financial Accounting Financial Accounting Global Settings Document Document Header Check display authorization for document type
Version 1.0
Menu Path
No configuration
Define validations for posting IMG Financial Accounting Financial Accounting Global Settings Document Document Header Define validations for posting V_T001D OB28 No Configuration
Menu Path
Define substitutions in accounting documents IMG Financial Accounting Financial Accounting Global Settings Document Document Header Define substitutions in accounting documents No configuration
Menu Path
Define text Ids for documents IMG Financial Accounting Financial Accounting Global Settings Document Document Header Define text Ids for documents RFTXT, TTXID, TTXIT OBT8 Standard Settings used
Menu Path
Define document change rules IMG Financial Accounting Financial Accounting Global Settings Document Document Header Define document change rules Standard settings used
Menu Path
Financial Accounting Configuration Manual 2.2.3.9 Specify control parameters for bar code entry IMG Financial Accounting Financial Accounting Global Settings Document Document Header Specify control parameters for bar code entry No configuration
Version 1.0
Menu Path
2.2.3.10 Maintain document types for bar code entry Menu Path IMG Financial Accounting Financial Accounting Global Settings Document Document Header Maintain document types for bar code entry No configuration
2.2.3.11 Maximum exchange rate difference 2.2.3.11.1 Define maximum permissible exchange rate difference per company code Menu Path IMG Financial Accounting Financial Accounting Global Settings Document Document Header Maximum exchange rate difference Define maximum permissible exchange rate difference per company code V_001_D 10% exchange rate variation limit allowed
Version 1.0
2.2.3.11.2 Define maximum permissible exchange rate difference per foreign currency Menu Path IMG Financial Accounting Financial Accounting Global Settings Document Document Header Maximum exchange rate difference Define maximum permissible exchange rate difference per currency No Configuration
The posting keys determine the type of transaction, account type and whether debit or credit. Menu Path IMG Financial Accounting Financial Accounting Global Settings Document Line Item Control Define posting keys TBSL, RBSL OB41 Standard System Settings
Version 1.0
Version 1.0
2.2.4.1.2
The field status groups created with in a variant are attached to the individual GL accounts master data. They in turn affect the fields during document entry. Menu Path IMG Financial Accounting Financial Accounting Global Settings Document Line Item Control Maintain field status variants V_T004V OBC4 Field status variant STBG copied from standard 0001 A field status group Z001 was created
The field status groups for STBG variant are shown below.
Version 1.0
Assign company codes to field status variants IMG Financial Accounting Financial Accounting Global Settings Document Line Item Control Allocate company codes to field status variants The field status variant STBG is assigned to company code STBG
Version 1.0
Select screen variant for document entry IMG Financial Accounting Financial Accounting Global Settings Document Line Item Control Select screen variant for document entry Screen variant 2 has been assigned for STBG
Maintain sub screens for coding blocks IMG Financial Accounting Financial Accounting Global Settings Document Line Item Control Maintain subscreens for coding blocks No Configuration
Define tolerance groups for employees IMG Financial Accounting Financial Accounting Global Settings Document Line Item Define tolerance groups for employees As given below
Menu Path
Version 1.0
2.2.4.3
Allocate users to tolerance groups IMG Financial Accounting Financial Accounting Global Settings Document Line Item Allocate users to tolerance groups TEIL to decide on Tolerance limits and user groups
Menu Path
Define validations for posting V_T001D OB28 IMG Financial Accounting Financial Accounting Global Settings Document Line Item Define validations for posting No configuration
Define substitution in accounting documents IMG Financial Accounting Financial Accounting Global Settings Document Line Item Define substitution in accounting documents No Configuration
Menu Path
In this section, predefined texts for narration are created. Menu Path Table Details of the configuration IMG Financial Accounting Financial Accounting Global Settings Document Line Item Define texts for line items T053 Following table shows the created Ids.
Version 1.0
Text Edit Format C Form D Form E-I Form E-II Form F Form Form 37 H Form None
Define line layout for document posting overview IMG Financial Accounting Financial Accounting Global Settings Document Line Item Define line layout for document posting overview No Configuration
Menu Path
Define line layout for document change / display IMG Financial Accounting Financial Accounting Global Settings Document Line Item Define line layout for document change / display No Configuration
Menu Path
Select standard line layout for document change / display IMG Financial Accounting Financial Accounting Global Settings Document Line Item Select standard line layout for document change / display No Configuration
Menu Path
2.2.4.10 Define document change rules Menu Path IMG Financial Accounting Financial Accounting Global Settings Document Line Item Define document change rules Standard Settings used
2.2.4.11 Fast entry screens for G/L account items Menu Path IMG Financial Accounting Financial Accounting Global Settings Document Line Item Fast entry screens for G/L account items No Configuration
Version 1.0
Menu Path
Enable fiscal year default IMG Financial Accounting Financial Accounting Global Settings Document Default Values For Editing Documents Enable fiscal year default Fiscal year default for STBG has been enabled
Menu Path
Define default value date IMG Financial Accounting Financial Accounting Global Settings Document Default Values For Editing Documents Define default value date Propose Value date is checked.
Menu Path
Change message control document processing IMG Financial Accounting Financial Accounting Global Settings Document Default Values For Editing Documents Change message control document processing No Configuration
Menu Path
Version 1.0
2.2.10.3 Check and Change Settings for Tax Processing Standard settings maintained 2.2.10.4 Specify Structure for Tax Jurisdiction Code Standard settings maintained 2.2.10.5 Define Tax Jurisdictions Menu Path IMG Financial Accounting Financial Accounting Global Settings Taxes on Sales/Purchases Basic settings Define Tax jurisdictions V_TTXJ As given below.
Version 1.0
The frequently used tax jurisdiction codes are IN00 in SD and 0200 in MM transactions. 2.2.10.6 Change Message Control for taxes Standard settings maintained 2.2.10.7 Change Field Control for Tax Base Amount Standard settings maintained 2.2.10.8 Switch Off Tax Translation between Local and Document Currency Standard settings maintained 2.2.10.9 External tax Calculation: Standard settings maintained 2.2.10.10 Fiscal Regional codes: Standard Settings Standard settings maintained 2.2.10.11 Plants abroad: No configuration done
Financial Accounting Configuration Manual Tax code A1 A2 A8 A9 B1 B2 B4 B5 B6 B7 B8 B9 D1 D2 D8 D9 E1 F0 H1 H2 H8 H9 K1 K2 M1 M2 M8 M9 P1 P2 V0 V1 Z1 ZZ Tax type Description A A A A A A A A A A A A A A A A A A A A A A A A A A A A A A V V V A ALLHABAD-CST ALLHABAD-LST Service items Interstate - ALLHBD Service items Intrastate - ALLHBD Bangalore Normal Bangalore LST DBO Interstate(CST) DBO Interstate(LST) DBO Out side state(CST) Stock transport from Bangalore plant Service items interstate Service items intrastate DELHI-CST DELHI-LST Service items Interstate - DELHI Service items Intrastate - DELHI Free of Charge Hyderabad CST Hyderabad LST Service items Interstate - HYD Service items Intrastate - HYD KOLHAPUR-MAH-CST KOLHAPUR-MAH-LST MUMBAI-MAH-CST MUMBAI-MAH-LST Service items Interstate - MAH Service items Intrastate - MAH PUNE-MAH-CST PUNE-MAH-LST Zero tax Excise duty16% Zero Tax for asset acquisitions Zero tax code
Version 1.0
2.2.11.2 Assign Company Code to Document Date for Tax Determination Standard settings maintained 2.2.11.3 Specify Base Amount Standard settings maintained 2.2.11.4 Change Foreign Currency Translation Standard settings maintained 2.2.11.5 Define Tax Accounts
Financial Accounting Configuration Manual Menu Path IMG Financial Accounting Financial Accounting Global Settings Taxes on Sales/Purchases Postings Define Tax Accounts T030K The GL accounts attached to above tax codes transaction type wise is given below.
Version 1.0
Tax Code A2 B2 D2 H2 M2
Accounts 230233 230231 230232 230236 230234 230203 230201 230202 230206 230204
Description L.S.T.Payable - Allahabad Depot L.S.T Payable - Bangalore L.S.T.Payable - Delhi Depot L.S.T.Payable - Hyderabad Depot L.S.T.Payable - Pune Depot C.S.T. Payable - Allahabad Depot C.S.T. Payable - Bangalore C.S.T. Payable - Delhi Depot C.S.T. Payable - Hyderabad Depot C.S.T. Payable - Pune Depot
MWS Output tax A1 B1 D1 H1 M1 VS1 Sales tax 1 V1 VS2 Sales tax 2 V1 230003 CENVAT Clearing (MM) 230003 CENVAT Clearing (MM)
2.2.11.6 Define Account for Exchange Rate Difference Posting No configuration was carried out. 2.2.11.7 Assign Tax Codes for Non-Taxable Transactions Menu Path IMG Financial Accounting Financial Accounting Global Settings Taxes on Sales/Purchases Postings Assign Tax Codes for Non-Taxable Transactions Z1 as input tax & ZZ as output tax codes have been assigned with jurisdiction code IN00
2.2.11.8 Transfer Posting of Tax for Cross-Company Code Transactions No configuration was carried out
2.3
Withholding tax
Version 1.0
No configuration
Withholding Tax refers to tax deducted at source. In this step, a country needs to be defined to enable further settings for TDS to be done. Current System Settings Cty IN 2.3.1.1.2 Menu Path Wcty IN Description EWT India
Define official withholding tax codes IMG Financial Accounting-Financial Accounting Global Settings Withholding Tax--Extended Withholding TaxBasic Settings Define Official Withholding Tax Codes T059O Section 194H was configured for the purpose of sales commission
In this step, keys need to be defined for each section under the IT Act. These keys are in a later step attached to Tax Types.
Version 1.0
Define reasons for exemption IMG Financial Accounting-Financial Accounting Global Settings Withholding Tax--Extended Withholding TaxBasic Settings Define Reasons for Exemption
In this activity, reasons for exemption from withholding tax have to be defined, for country IN. These indicators can be entered in the vendor master record or in the company code withholding tax master record information. These will be entered as and when needed. 2.3.1.1.4 Menu Path Table Transaction Details of the configuration Check Recipient Types IMG Financial Accounting-Financial Accounting Global Settings Withholding Tax--Extended Withholding TaxBasic Settings Check Recipient Types T059C Recipient Types CO/OT/Go have been defined for Companies /Others /Government except in case of Section 194I where distinction has been made as per law
Version 1.0
Version 1.0
Types of recipients are defined for each Tax Type, for country IN. The types defined are CO for Companies; GO for Government & OT for Others. 2.3.1.1.5 Check Income Types
No configuration done 2.3.1.1.6 Menu Path Details of the configuration Change Message Control for Withholding Tax IMG Financial Accounting-Financial Accounting Global Settings Withholding Tax--Extended Withholding TaxBasic Settings Change Message Control for Withholding Tax Message control has been configured for vendors and customers as shown below
Financial Accounting Configuration Manual 2.3.1.2 2.3.1.2.1 2.3.1.2.2 Menu Path Calculation Withholding Tax Type Define Withholding Tax Type for Invoice Posting/payment posting IMG Financial Accounting-Financial Accounting Global Settings Withholding Tax--Extended Withholding TaxCalculation Withholding Tax Type-Define Withholding Tax Type for Invoice Posting/ Define Withholding Tax Type for Payment Posting
Version 1.0
Financial Accounting Configuration Manual Current System Settings Withhld Tax Type Description W Withholding tax on Invoice verification Net amount Round w/tax amnt up X No accumulation X X X W/tax code level W/tax code level Central Inv. Prop. W/tax code level D Withholding tax on Advance payment Net amount Round w/tax amnt up X Per Year X X
Version 1.0
Base Amount Rounding rules Post w/tax amount Accumulation type W/tax base manual Manual w/tax amnt No Certificate numbering Define min/max amounts Base amount Central Invoice Define min/max amounts Withholding tax amount Note :
Following indicators must always be switched on : Post w/tax amount - TDS deduction is activated only if this indicator is set W/tax base manual - allows changing base amount Manual w/tax amnt - allows changing TDS amount To activate rounding rules for tax types, table T001RWT needs to be updated with all tax types, and the rounding up unit defined as 100. Additionally, the checkbox Liable in the vendor master and W/tax in the customer master must also be switched on. In this activity, tax types applicable at the time of posting of payments to vendors need to be defined. These Tax Types too must be stored in the vendor or customer master, which are subject to TDS deductions. These Tax Types are specially meant for deduction of TDS at the time of payment of advance to vendors. However, it may be noted that if corresponding Tax Codes (refer later chapter), for these Tax Types, are entered at the time of invoice postings (along with corresponding Tax Codes for Tax Types for invoice posting), TDS will be deducted both at the time of posting invoice and outgoing payment!!!
Version 1.0
Hence, it is advised that while Tax Types both for invoice posting and payment posting may be stored in the vendor master, corresponding Tax Code must be stored only for invoice posting. While making a down payment to the vendor, the Tax Code for payment posting will obviously appear blank, and needs to be removed at that point. 2.3.1.2.3 Menu Path Define Exchange Rate Type for Withholding Tax Type IMG Financial Accounting-Financial Accounting Global Settings Withholding Tax--Extended Withholding TaxCalculation Withholding Tax Type-Define Exchange Rate Type for Withholding Tax Type No configuration done
Define Rounding Rule for Withholding Tax Type IMG Financial Accounting-Financial Accounting Global Settings Withholding Tax--Extended Withholding TaxCalculation Withholding Tax Type-Define Rounding Rule for Withholding Tax Type As given below
Financial Accounting Configuration Manual 2.3.1.2.4 Assign Condition Type to Withholding Tax Type
Version 1.0
No configuration done
In this step, Tax Codes need to be specified. These codes are attached to Tax Types in the vendor and the customer masters. The codes contain the rates of tax, which includes the surcharge element (e.g. if tax rate is 10.00% and surcharge is 10%, the rate to be specified in the field With/tax rate is 11%). Menu Path Details of the configuration Withhld Tax Type IMG Financial Accounting-Financial Accounting Global Settings Withholding Tax--Extended Withholding TaxCalculation Withholding Tax Codes- Define Withholding Tax Codes Configuration done is as tabulated below
W/tax code
OFF . W/T
AX KEY
Description
%age subjec t to tax 100 100 100 100 100 100 100 100 100 100 100 100 100 100
Posting indicator
With/tax rate
D1 D2 D3 D4 D5 D6 D7 W1 W2 W3 W4 W5 W6 W7
D1 D2 D3 D4 D5 D6 D7 C1 C2 C3 C4 C5 C6 C7
194C 194C 194H 194I 194I 194J 195 194C 194C 194H 194I 194I 194J 195
TDS on contractors - 2. % TDS payment Advertiser 1.02% TDS payment commission TDS Payable on RentCompanies - 20% TDS Payable on RentIndividuals - 15% TDS Payable on Prof / Tech Ser - 5.% TDS Payable on Others 30% TDS Payable on Contractors - 2.2% TDS Payable on Advertisement - 1.1% TDS Payable on Commission TDS Payable on RentIndividuals - 15.% TDS Payable on RentCompanies - 20% TDS Payable on Prof / Tech Ser - 5.% TDS Others
1 1 1 1 1 1 1 1 1 1 1 1 1 1
2..10% 1.05% 5.25% 15.75% 21.0% 5.25% 15.75% 2.10% 1.05% 5.25% 15.75% 21.0% 5.25% 15.75%
Financial Accounting Configuration Manual 2.3.1.3.2 Menu Path Details of the configuration Define Formulas for Calculating Withholding Tax IMG Financial Accounting-Financial Accounting Global Settings Withholding Tax--Extended Withholding TaxCalculation Withholding Tax Codes- Define Withholding Tax Codes No configuration done
Version 1.0
No configuration was carried out 2.3.1.4.2 Define Processing Key for Modified Tax Amount (No Configuration)
No configuration was carried out 2.3.1.4.3 Portray Dependencies Between Withholding Tax Types (No Configuration)
Certain IT sections specify that no TDS should be deducted if the total invoices posted for the vendor do not exceed a base amount. (e.g. under sec.194C, TDS should not be deducted if the total of invoices posted during a year for a particular vendor does not exceed Rs.20,000. If it exceeds the base amount, TDS must be deducted on all invoices posted till date. In this step, the minimum base amount must be specified. It may be noted that the accumulation (of invoices per year) is set in the Withholding Tax Type ( indicator under heading Accumulation Type). Configuration done is as tabulated below Wth.t.typ e D1 D2 D3 D4 D5 D6 D7 W1 W2 W3 W4 W5 W6 W7 W/tax code D1 D2 D3 D4 D5 D6 D7 C1 C2 C3 C4 C5 C6 C7 Valid from 01.04.2001 01.04.2001 01.04.2001 01.04.2001 01.04.2001 01.04.2001 01.04.2001 01.04.2001 01.04.2001 01.04.2001 01.04.2001 01.04.2001 01.04.2001 01.04.2001 Currency INR INR INR INR INR INR INR INR INR INR INR INR INR INR Minimum base amount 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00
Version 1.0
2.3.1.5.2
No configuration done.
Version 1.0
In the above activity, the following specifications must be made for each Tax Type: Indicators With/tax agent and Subject to w/tx must be clicked to activate deduction of TDS on vendors and customers, respectively. Validity period must be specified for each Tax Type, under the vendor data. As regard customers, the validity period is specified in the customer master itself. In the field W/tax number, the TAN numbers for each section have been stored. Configuration done is as tabulated below Vendor data Company Withhold Code tax type STBG STBG 2.3.1.6.2 Menu Path Details of the configuration D W
With/tax agent X X
W/tax number TAN No T0063A (S) BGL TAN No T0063A (S) BGL
Subject to w/tx X X
Activate Extended Withholding Tax IMG Financial Accounting-Financial Accounting Global Settings Withholding Tax--Extended Withholding Tax Company Code Activate Extended Withholding Tax Extended Withholding Tax has been activated for Company STBG
Financial Accounting Configuration Manual 2.3.1.7 2.3.1.7.1 2.3.1.7.1.1 Postings Define Accounts for Withholding Tax Define accounts for withholding tax to be paid over
Version 1.0
In this step, G/L account determination is done for each Tax Type, for Chart of Accounts STBG, for SAP standard process WIT. The rules for the process key have been configured for account determination to be done at the level of the tax type. Menu Path IMG Financial Accounting-Financial Accounting Global Settings Withholding Tax--Extended Withholding TaxPostings Accounts for Withholding Tax-Define Accounts for Withholding Tax to be Paid Over Details are as under Transaction WIT WIT WIT WIT WIT WIT WIT WIT WIT WIT WIT WIT WIT WIT Withholding tax code P1 P2 P4 P5 P6 P7 C1 C2 C3 C4 C5 C6 C7 C9 Account 230261 230261 230261 230261 230261 230261 230261 230261 230261 230261 230261 230261 230261 230261
Details of the configuration Chart of accounts STBG STBG STBG STBG STBG STBG STBG STBG STBG STBG STBG STBG STBG STBG 2.3.1.7.2
No configuration done 2.3.1.7.3 Define Accounts for Self-Withholding Tax (No Configuration)
No configuration done 2.3.1.7.4 Define Accounts for Withholding Tax Offsetting Entry (No Configuration)
No configuration done
Version 1.0
2.4
Activate Business Transaction Events 1. Choose Settings -> Identification -> Partners. 2. Make sure that there is an entry for partner INDIA and that it is active. 3. Go back to the SAP Business Framework: Business Transaction Events screen. 4. Choose Settings -> Products -> ... of a partner -> edit. 5. Make sure that there is an entry for product TS in conjunction with partner INDIA. 6. Make sure that there is an entry for product EWT in conjunction with partner INDIA 7. Choose Settings -> Products -> ... of a partner -> activate. 8. Make sure that there is are entries for products TS & EWT with partner INDIA 9. Go back to the SAP Business Framework: Business Transaction Events screen. 10. Choose Settings -> P/S function modules -> ... of a partner. 11. Make sure that there are entries for the following: o o o Event 00001110, which must be assigned to function module J_1ITDS_SAVE_CHANGES with product TS. Event 00001030, which must be assigned to function module J_1IEWT_CHALLAN_UPDATE with product EWT. Event 00001050, which must be assigned to function module J_1ITDS_TABLE_UPDATE_LIV with product TS.
12. Choose Settings -> Process function modules -> ... of a partner. 13. Make sure that there is an entry for event 00001120, function module J_1IEWT_DUEDATE with partner INDIA and product EWT.
2.4.2.2
Version 1.0
2.4.2.3
Plant Settings
2.4.2.4
Excise Groups
Version 1.0
2.4.2.5
2.4.2.6
Excise Defaults
2.4.2.7
Version 1.0
2.4.3 Accounting
2.4.3.1 Make Sure That Processing Keys Are Deductible
Same as 2.2.11.5. 2.4.3.3 ETT 57FC 57FC 57FC 57NR 57NR 57NR 57NR 57NR 57NR 57NR 57NR CAGR CAGR CAPE CAPE CAPE CAPE CAPE CEIV CEIV CEIV CEIV CEIV CEIV CEIV DIEX DIEX DIEX DIEX DIEX DLFC DLFC DLFC DLFC DLFC ETT DLFC DLFC Maintain Transaction Accounts Sub TrnTyp 01 01 01 01 01 01 01 01 01 01 01 DC ind CR CR DR CR CR CR CR CR CR CR DR CR DR CR DR DR DR DR CR DR DR DR DR DR DR CR DR DR DR DR CR CR CR CR CR DC ind CR CR Acct name PLABED RG23BED CLEAR CLEAR PLAAED PLABED PLASED RG23AED RG23BED RG23SED REVERS CLEAR ONHOLD ONHOLD ONHOLD RG23AED RG23BED RG23SED MSUSP PLAAED PLABED PLASED RG23AED RG23BED RG23SED CLEAR ONHOLD RG23AED RG23BED RG23SED PLAAED PLABED PLACESS PLASED RG23AED Acct name RG23BED RG23SED
Sub TrnTyp
Financial Accounting Configuration Manual DLFC EWPO EWPO EWPO EWPO GRPO GRPO GRPO GRPO GRPO MRDY MRDY MRDY MRDY MRDY MRDY MRDY MRRD MRRD MRRD MRRD MRRD MRRD MRRD MRWO MRWO MRWO MRWO MRWO MRWO MRWO OTHR OTHR OTHR OTHR OTHR OTHR OTHR TR6C TR6C TR6C TR6C TR6C UTLZ UTLZ ETT UTLZ UTLZ UTLZ UTLZ UTLZ DR CR DR DR DR CR DR DR DR DR CR CR CR CR CR CR DR CR CR CR CR CR CR DR CR CR CR CR CR CR DR CR CR CR CR CR CR DR CR DR DR DR DR CR CR DC ind CR CR CR CR CR MSUSP CLEAR RG23AED RG23BED RG23SED CLEAR ONHOLD RG23AED RG23BED RG23SED PLAAED PLABED PLASED RG23AED RG23BED RG23SED CLEAR PLAAED PLABED PLASED RG23AED RG23BED RG23SED CLEAR PLAAED PLABED PLASED RG23AED RG23BED RG23SED CLEAR PLAAED PLABED PLASED RG23AED RG23BED RG23SED MSUSP PONHLD PLAAED PLABED PLACESS PLASED PLAAED PLABED Acct name PLACESS PLASED RG23AED RG23BED RG23SED
Version 1.0
Sub TrnTyp
Version 1.0
Su b RG23A Tr BED nT yp
RG23C BED
Mod.ClearPLA BED
CENVAT OH
CENVAT sse
PLA On Hld
Reversal
0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 01 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 01 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 01 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 01 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000230200 0000230200 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000230200 0000143101 0000230003 0000143103 0000143102 0000230003 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000230200 0000230200 0000230200 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 01 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 01 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 01 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120
Exci se ETT gp
03 03 03 03 03 03 57NR 57NR CAGI CAGR CAPE CEIV
Su b RG23A Tr BED nT yp
RG23C BED
Mod.ClearPLA BED
CENVAT OH
CENVAT sse
PLA On Hld
Reversal
0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 01 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120
Version 1.0
0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000230200 0000230200 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000143100 0000143101 0000230003 0000143103 0000143102 0000380000 0000230009 0000143120 0000230200 0000230200 0000230200 0000143103 0000143102 0000380000 0000230009 0000143120
2.4.3.5
The following settings have been maintained. Excise group 01 01 03 03 Acct Name RG23ABED RG23CBED RG23ABED RG23CBED Amount 1.00 1.00 1.00 1.00
2.4.4 Forms
The following settings have been maintained. Form Type C CT3 Form Text C FORM FOR CST CT3 FORM Form req. X 3 Tx4Cs
Going to the details screen accesses this transaction. A Business Place has to be defined for every TAN No. In this activity Business Place has to be defined for TAN Number T-0063A(C) BGL. The address
Version 1.0
details for the Business Place need to be maintained. While the TDS Circle and Range need to be entered in the search field otherwise they will not be printed in the certificate.
Version 1.0
Specify Which Clearing Accounts Are Liable to Withholding Tax IMG CIN versionIndia Localization Menu-Tax Deducted at SourceExtended Withholding Tax-Withholding Tax on Clearing Accounts and Adjustment of Tax Items-Specify Which Clearing Accounts Are Liable to Withholding Tax Account 230006 GR/IR-Clearing - External Procurement has been assigned to Company code STBG
Specify Which G/L Accounts to Post Withholding Tax and Losses to IMG CIN versionIndia Localization Menu-Tax Deducted at SourceExtended Withholding Tax-Withholding Tax on Clearing Accounts and Adjustment of Tax Items- Specify Which G/L Accounts to Post Withholding Tax and Losses to Details are as under
Version 1.0
2.4.5.3.2
No configuration done 2.4.5.3.3 Menu Path Details of the configuration Maintain Surcharge Rates (Surcharges Combined with Basic WH Tax Codes) IMG CIN versionIndia Localization Menu-Tax Deducted at SourceExtended Withholding Tax-Calculation of Surcharges- Maintain Surcharge Rates (Surcharges Combined with Basic WH Tax Codes) For company code STBG the surcharges have been combined with the withholding tax codes and such the below configuration does not affect the transactions
Maintain Tax Due Dates for Tax Types IMG CIN versionIndia Localization Menu-Tax Deducted at SourceExtended Withholding Tax- Determination of Tax Due DatesMaintain Tax Due Dates for Tax Types For company code STBG the surcharges have been combined with the withholding tax codes
Version 1.0
Maintain Number Groups IMG CIN versionIndia Localization Menu-Tax Deducted at SourceExtended Withholding Tax- Creation of Remittance ChallansMaintain Number Groups
Assign Number Ranges to Number Groups IMG CIN versionIndia Localization Menu-Tax Deducted at SourceExtended Withholding Tax- Creation of Remittance Challans- Assign Number Ranges to Number Groups Assigned Number Range 25 to Number Group 25
Maintain Number Ranges IMG CIN versionIndia Localization Menu-Tax Deducted at SourceExtended Withholding Tax- Creation of Remittance ChallansMaintain Number Ranges Assigned Number Range 25 to Number Group 25
Version 1.0
2.4.5.7 2.4.5.7.1
Withholding Tax Certificates Maintain Number Groups and SAPscript Forms IMG CIN versionIndia Localization Menu-Tax Deducted at SourceExtended Withholding Tax- Withholding Tax Certificates-Maintain Number Groups and SAPscript Forms J_1IEWT_CERT J1INCRT
Assign Number Ranges to Number Groups IMG CIN versionIndia Localization Menu-Tax Deducted at SourceExtended Withholding Tax- Withholding Tax Certificates- Assign Number Ranges to Number Groups J_1IEWT_CERTNO J1INCTNO
Version 1.0
Maintain Number Ranges for Certificates IMG CIN versionIndia Localization Menu-Tax Deducted at SourceExtended Withholding Tax- Withholding Tax Certificates- Maintain Number Ranges for Certificates J_1IEWT_CERT J1INCT
Maintain Vendor's PAN for Certificates IMG CIN versionIndia Localization Menu-Tax Deducted at SourceExtended Withholding Tax- Withholding Tax Certificates- Maintain Vendor's PAN for Certificates J_1IMOVENDEWT Vendors PAN number will is maintained here
Vendor PAN 0000100000 3016 0000100001 3016 0000100002 3016 0000100003 3016 0000100012 3016 0000100015 3016 0000100019 3016 0000100021 3016 0000100026 3016 0000100038 0000100042 0000100053 3016 0000100056 0000100060 3016 0000100061 3016 0000100063 3016 0000100074 3016 Vendor PAN
Vendor PAN 0000100137 0000100142 0000100165 0000100169 0000100187 AACCS6638K 0000100188 AACCS6638K 0000100193 0000100198 0000100199 0000100202 0000100204 0000100208 62 / 95 0000100211 AAACS9057N 0000100212 0000100214 AAA CA 5199H 0000100215 AAACT3065B 0000100220 Vendor PAN
Financial Accounting Configuration Manual 0000100076 3016 0000100221 0000100077 ACTPD8931 C 0000100222 0000100078 AAA CA 5199H 0000100224 0000100081 0000100225 54646 0000100082 0000100228 0000100086 0000100232 0000100088 AAA CA 5199H 0000100237 0000100091 0000100240 0000100092 AAACB2046A 0000100241 0000100095 0000100243 0000100101 AAACP4609F 0000100245 0000100105 AAACP4609F 0000100247 0000100106 AAACP4609F 0000100252 3016 0000100107 0000100254 3016 0000100109 0000100272 AABCK39090 0000100111 0000100281 0000100113 AAACFO453D 0000100288 NA Vendor PAN Vendor PAN 0000100114 0000100289 0000100117 0000100295 0000100118 0000100303 0000100120 0000100310 0000100121 0000100311 3016 0000100122 0000100321 0000100124 AAA CZ 0103 C 0000100335 3016 0000100127 AAA CZ 0103 C 0000100350 3016 0000100129 0000100405 0000100130 0000100420 69852 2.4.5.7.5 Menu Path Table Transaction Details of the configuration Maintain Customers PAN for Certificates IMG CIN versionIndia Localization Menu-Tax Deducted at SourceExtended Withholding Tax- Withholding Tax Certificates- Maintain Customer's PAN for Certificates J_1IMOCUSTEWT Customers PAN number can be entered here
Version 1.0
2.5
Text Determination
2.6
Number Ranges
Financial Accounting Configuration Manual From current number To number number Ext 1000000000 1999999999 1000000000
Version 1.0
No 1
Year 9999
2.7
Reports
2.8
Message Configuration
No configuration done.