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SAP FICO Training Material with Screen Shots

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SAP FICO Training Material with Screen Shots
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This tutorial contains the Complete list of SAP FICO Training Material with Screen Shorts

Create a Company Code (OX02)

T-code (OX02)
Path

Enterprise Structure
  Definition
  Financial Accounting
   Edit, Delete, Define Company Code  
     Edit Company Code Data

Create a Company Code

Select:   Edit Company Code Data
Create a Company Code

Select TAB New Entries from the task bar
Fill the Data

Create a Company Code

Select Address Tab from the task bar
Fill the data

Create Company Code

Save the data under a request

CREATION OF A COMPANY CODE IS COMPLETED


Define Business Area (at client level and not to be assigned to any co code) (OX03)

T-code (OX03)
A business area is an organizational unit within accounting that represents a separate area of operations or responsibilities in a business organization.

When defining a business area, you enter a four-character alphanumeric key and the name of the business area.

In a client, you can set up several business areas to which the system can assign the postings made in all company codes defined in this client. To ensure consistency in document entry, you should give business areas the same name in all company codes.

Path
Enterprise Structure
  Definition
  Financial Accounting
   Define Business Area

Define Business Area

Select Tab New Entries
Define Business Areas as per the Business Requirement

Define Business Area

Business Area:
A unit in an enterprise that groups product and market combinations as homogeneously as possible for the purpose of developing unified business policy. An organizational unit of financial accounting that represents a separate area of operations or responsibilities within an organization and to which value changes recorded in Financial Accounting can be allocated You can create financial statements for business areas, and you can use these statements for various internal reporting purposes.

Complete the data and save.


 

Define the fiscal year variant & Assign the Fiscal year Variant to a co code (OB29)

T-code (OB29)

A period of usually 12 months, for which the company produces financial statements and takes inventory.

A fiscal year need not correspond to the calendar year.

Under certain circumstances, fiscal years containing fewer than 12 months are also permitted (short fiscal year

When defining your fiscal year, you have the following options:

Your fiscal year is the calendar year
In this case, you must only select the Calendar year field.

Your fiscal year is not the same as the calendar year and is not year-dependent

Your fiscal year is not the same as the calendar year and is year-dependent

Path
Financial Accounting
 Financial Accounting Global Setting
     Fiscal year
      Maintain fiscal year variant

Define Business Area

Either a fiscal year variant can be copied from the existing one or a new fiscal year variant for a company specific can be created.

To copy from an existing fiscal year variant select that variant by clicking at the extreme left of that variant and select the option copy from the task bar and choose the copy all option. By doing this all the sub entries such as periods, period texts and shortened fiscal year under the selected variant will be copied to another variant for which a new variant name is to be given. Following Entries will get copied 
 
Define Business Area

Number of posting periods
The fiscal year can be subdivided into up to 16 periods. These are divided into normal posting periods and special periods for closing purposes. This field contains the number of normal posting periods.

Number of special periods

Special periods represent an extension of the last normal posting period. When the posting date falls within the last normal posting period, then during document entry you can specify that the transaction figures be updated separately in one of the special periods.
In this case, you can select as many special periods as you have specified here.

Select the option copy all and save

Go to the next option i.e. Periods

Define Business Area

Month
This field contains the month as part of the calendar Year.

Day
The last valid calendar date of the Month.

Year Shift:
SAP does not understand the system of the broken fiscal year e.g. April to March and take a calendar year only as a fiscal year. If for any business the fiscal year is not a calendar year but combination of the different months of two different calendar year then one of the calendar year has to be specified as fiscal year for SAP and the months falling in the other calendar year has to be adjusted into the calendar year defined as fiscal year by shifting the year by using the sign – or + 1

Define Business Area

Period Texts: Describing the month for the period e.g. April for Period 1, March for period 12 for the fiscal year of April-March.


Assign the fiscal year variant to a co code (OB37)

T-code (OB37)
Path

Financial Accounting
 Financial Accounting Global Setting
     Fiscal year
   Assign the fiscal year variant to a co code
For every company code, you must specify which fiscal year variant is to be used
Assign a fiscal year variant to each company code.

Assign the fiscal year

Assign the variant created using step 3 to the company code.

Assign the fiscal year

Save the data and exit.


 

Define Variants for open posting Periods (OBBO)

T-code (OBBO)
Path
Financial Accounting
 Financial Accounting Global Setting
     Documents
   Posting Periods
   Define Variants for open posting Periods

Here we define a variant name for a posting period for a company code. For easy identification purpose it is advisable to have the company code name as the variant name.

Define Variants

Select New Entries

Define Variants

Save and go back


 

How to Open and Close posting Periods (OB52) in SAP FICO


 

Assign variants to company code (OBBP)

T-code ( OBBP)

Path
Financial Accounting
 Financial Accounting Global Setting
     Documents
   Posting Periods
    Assign variants to company code
       (Assign)

Assign variants to company code

Assign variants to company code

Save and Exit


 

Maintain Field Status Variants (For controlling the Transaction Screen Fields) (OBC4)

T-code (OBC4)

Path: Financial Accounting---.Financial Accounting Global Setting-->Documents-->Line Items-->Controls-->Maintain Field Status Variants

In this activity you can define and edit field status variants and groups. You group several field status groups together in one field status variant. You assign the field status variants to a company code.

You must define a field status group in the company code-specific area of each G/L account. The field status group determines which fields are ready for input, which are required entry fields, and which are hidden during document entry. Bear in mind that additional account assignments (i.e. cost centers or orders) are only possible if data can be entered in the corresponding fields.

Field status variant 0001 is entered for company code 0001 in the standard SAP software. Field status groups are already defined for this variant.

Maintain Field Status Variants

Task:  Copy or Create New

To Copy: Select the variant to be copied and choose the option copy from the task bar. While copying change the name of the variant to be used for a company specific.

Maintain Field Status Variants

Task: Choose the option copy all if copying from the existing field status variants.

Maintain Field Status Variants


 

Assign Field Status Variants to co code (OBC5)

T-code (OBC5)
Path
Financial Accounting
 Financial Accounting Global Setting
    Documents
 Line Items
     Controls
              Assign Field Status Variants to co code

Field Status Variants

Assign the Co code and name to the field status variant created for the company.

Save and Exit

 


How to Define Document Types (OBA7) in SAP FICO


How to Define Document Number Range (FBN1) in SAP FICO


How to Define Chart of Accounts (Ob13) in SAP FICO


 

Assign Company Code to Chart of Accounts (OB62)

T-code (OB62)
Path

Financial Accounting
 General  Ledger Accounting
   GL Accounts
    Master Records
     Preparations
      Assign Company Code to Chart of Accounts

Company Code to Chart of Accounts

Complete the required data and save the work.


How to Define Account Group (OBD4) in SAP FICO


How to Define Posting Keys (OB41) in SAP FICO

Define Tolerance Group for Employees (OBA4)

T-code (OBA4)
Path

Financial Accounting
 Financial Accounting global Setting
    Document
     Line Items
      Define Tolerance Group for Employees
In this activity, you predefine various amount limits for your employees with which you determine:
• the maximum document amount the employee is authorized to post
• the maximum amount the employee can enter as a line item in a customer or vendor account
• the maximum cash discount percentage the employee can grant in a line item
• the maximum acceptable tolerance for payment differences for the employee.

 

You can also define tolerances without specifying a tolerance group. Leave the field Grp empty in this case. The stored tolerances are then valid for all employees who are not allocated to a group. There must be at least one entry for every company code.

You can also specify tolerances for clearing procedures depending on your customers or vendors.
In the system, sample tolerances are defined for the standard company codes.


 If you have defined differing tolerance groups, you then have to assign your employees to a certain tolerance group.  To do this, select the activity "Assign users to tolerance groups" . This is where you enter your employees under the relevant groups.

Tolerance Group for Employees

The Tolerance Group is the used for defining the upper limit for a particular employee user for allowing him to post a transaction within the limit assigned to the user using this option. An employee cannot post any transaction which falls beyond the tolerance limits/amount fixed for him under this option.

Select the option New Entries

Tolerance Group for Employees

Define the Limits for a particular group by assigning the values in the various fields. Once limit are assigned the employees will be able to post the transaction within that limit only.


 

Assign User/Tolerance Groups (OB57)

T-code (OB57)
Path

Financial Accounting
 Financial Accounting global Setting
   Document
    Line Items
     Assign User/Tolerance Groups

Tolerance Groups

Assign the Tolerance Group to a particular user by using the Tolerance Group Name that is created by using step 16. by doing this that particular user will be allowed to post the transaction within the limits that is specified under that tolerance group for a particular company code.

Tolerance Groups


 

GL Accounts Creation and processing

Path
Financial Accounting
 General Ledger Accounting
   GL Accounts
    Master Records
     GL Accounts Creation and Processing
      Edit GL Accounts(Individual Processing)
        (Centrally/`/Co Code)
        (FS00     /FSP0/       FSS0)

The GL accounts can either be created centrally or for a company specific or for a chart of account specific. By creating the GL Account centrally the GL account will get created in the company code as well as in a centralized COA and the GL accounts so crated in the COA can also be extended to other Company Codes. When GL accounts are created under a COA the same has to be extended to a company code for which the GL Account to be used.
Creation of GL account using FS00 (Centrally)

In this activity, you can edit the master record of a G/L account centrally in both the chart of accounts and company code specific areas.

You can process G/L account master records as follows:
• Edit
• Change
• Create
• Create with reference
• Block
• Delete, that is, set the deletion indicator

GL Accounts Creation

The account group determines the fields for the entry screens if you create or change a master record in the company code.

GL Accounts Creation

Open item management
Determines that open items are managed for this account.

Set up accounts with open item management if offsetting entries are to be assigned to the postings made to these accounts. Postings to these accounts represent incomplete transactions.


Creation of GL account using FSP0

GL Accounts Creation

Creation of GL account using FSS0

GL Accounts Creation

In case the option of copy Chart of Account is used (OBY7) is used then the GL accounts of source COA will be copied to the target COA.


 

Define Account Groups with Screen Layout (Customers) (OBD2)

T-code (OBD2)
Path
Financial Accounting
 Account Receivables & Payables
  Customer Accounts
   Master Data
    Preparation for creating Customer Master Data
     Define Account Groups with Screen Layout            (Customers) 
In this step, you determine the account groups for customers.

You can also define reference account groups for one-time accounts. You can use these to control the fields of the one-time account screen so that, for example, certain fields are displayed as required fields or are hidden.

Account Groups with Screen Layout

Select the option New Entries

Account Groups

The account group determines:
• The data that is relevant for the master record
• A number range from which numbers are selected for the master records
An account group must be assigned to each master record

Account Groups with Screen Layout

Create the Group as per Business Needs by allotting a group name.

Save the data and exit


 

Create Number Ranges for Customer Accounts (XDN1)

SOLUTION

Please follow the steps below in order to create number ranges for customer accounts:

Transaction Code: XDN1

1) First, in SAP command field go to T-code SPRO and then press enter.

2) Now user need to select SAP Reference IMG

3) Now follow the IMG Menu Path as shown below

IMG Menu Path:- IMG > Finance Accounting –> Accounts Receivable and Accounts Payable –> Customer Accounts –> Master Data –> Preparation for creating customer master data –> Create Number Ranges for Customer Accounts

4) Now please choose select Change interval in order to create number ranges for customer accounts

Create Number Ranges

5) Now click the tab 'Insert Interval'

6) Now you need to update the information given and press Enter

  • NO: Enter NO which you want to identify the Customer accounts number range
  • From Number: Enter 'From Number' of Customer number range
  • To number: In this Enter 'To Number' of Customer number range
  • Ext: Choose the EXT box if you need External numbering

Create Number Ranges

7) At last select Save and press enter.

Note: Please ignore the warning message


 

Assign Number Range to customer account groups (OBAR)

T-code (OBAR)
Path
Financial Accounting
 Account Receivables & Payables
  Customer Accounts
   Master Data
    Assign Number Range to customer account groups
          (Assign)

In this step you assign the number ranges you created in the preceding step to the account groups for customers..

Assign Number Range

Assign the Number Range No. to a particular Customer Group. This way the Customer within a particular group will be assigned the number range allotted to that group.


 

How to Create Customer Reconciliation (Control) Account in GL (Must Before Creating Customer Master Records) (FS00) in SAP FICO


 

Create Customer Master Record (From the End user Menu Path) (FD01)

(From the End user Menu Path)
T-code (FD01)
Path

SAP Menu
 Accounting
  Financial Accounting
   Account Receivable
    Master Records
     Create/Change/Display
     (FD01/ FD02 /FD03

Create Customer Master Record

Select the Group to which the Customer will belong and press enter

Create Customer Master Record

Fill the required data particularly Mandatory Data

Go to next Screen

Create Customer Master Record

Complete the other required data and select the option Company Code Data from the Task Bar

Create Customer Master Record

Define the Reconciliation Account No for this particular Customers. The Reconciliation Accounts are created in GL.

Create Customer Master Record

Complete the data and go to the next screen

Create Customer Master Record

Complete the data and save.


 

Define Tolerances for customers and vendors (OBA3)

T-code (OBA3)
Path
Financial Accounting
Accounts Receivables & Payables
  Business Transactions
   Incoming Payments
    Manual Incoming Payments
     Clearing Differences
      Define Tolerances for customers/vendors

• In this activity you define the tolerances for customers/vendors. The tolerances are used for dealing with payment differences and residual items that may arise when payment clearing is carried out.


1. Identify groups of customers/vendors to which identical tolerances apply.
2. Create the required tolerance groups for your customers/vendors.

Tolerances for customers and vendors

Select option new Entries

Tolerances for customers and vendors

Define the Tolerance limit for the group

Save the Data


 

Assign Users to Tolerance Group

T-code (OB57)
Path

Financial Accounting
 Financial Accounting global Setting
   Document
    Line Items
     Assign User/Tolerance Groups

Tolerance Groups

Assign the Tolerance Group to a particular user by using the Tolerance Group Name that is created by using step 16. by doing this that particular user will be allowed to post the transaction within the limits that is specified under that tolerance group for a particular company code.

Tolerance Groups


 

Define Account for Cash Discounted Granted (OBXI)

T-code (OBXI)
(Caution: First create a Cash Discount Allowed A/C in GL)
Path
Financial Accounting
Accounts Receivables & Payables
  Business Transactions
   Incoming Payments Global Settings
   Define Account for Cash Discounted Granted

In this step, you define the account numbers for your cash discount expense accounts. The system posts the cash discount amount to these accounts when clearing open items.

Account for Cash Discounted Granted

Account for Cash Discounted Granted

Define the GL Cash Discount Allowed/Granted/Given/Paid a/c no as created in GL. By doing this the Cash Discount allowed to the customers while receiving the payments will automatically get debited to this account.

Account for Cash Discounted Granted

Save the data so created and exit.


 

Define Accounts for Underpayment/Overpayment (OBXL)

T-code (OBXL)
(Caution: First create a Under Payment & Over Payment A/C in GL)
Path
Financial Accounting
Accounts Receivables & Payables
  Business Transactions
   Incoming Payments Global Settings
    Define Accounts for Underpayment/Overpayment

Accounts for Underpayment

Enter the co code and enter

Accounts for Underpayment

Here we define the number of Accounts required for accounting under payments and over payments.

Accounts for Underpayment

Define the Account Numbers Created for Under Payments and Over Payments from Customers as created in GL

Save the Data and Exit


 

Define Account Groups with Screen Layout (Vendor) (OBD3)

T-code (OBD3)

Define Account Groups with Screen Layout


 

Create Number Ranges for Vendor Accounts (XKN1)

Solution

Purpose of configuration : –

In  SAP FICO the user creates a number ranges for vendor accounts. When the user is creating these vendor accounts utilizing the transaction code XK01, the number is assigned to vendor accounts based on the number ranges that the user has configured. For doing this, the user is required to define the two digits alphanumeric key.

  • A number interval from which the account number for the vendor accounts has to be selected.
  • The type of number assignments (Internal/ External).

Navigation of Number Ranges for Vendor Accounts


Transaction Code

XKN1

 SAP IMG Menu

 SPRO > IMG > Financial Accounting > Accounts Receivable & Accounts Payable > Vendor Accounts > Master data > Create number ranges for vendor accounts

Description and Configuration values


No

From No.

To Number

NR Status

Ext

T1

0000005000

0000005999

 

 

T2

0000006000

0000006999

 

 

T3

0000007000

0000007999

 

 

T4

0000008000

0000008999

 

X

Configuration steps

Step 1: User Enters the SAP T-code “XKN1” in the commend field and presses enter to continue.

Step 2: On range maintenance vendor screen, user clicks on change intervals button for creating the new number ranges for vendor accounts in the SAP system.

Step 3: On maintain Intervals: Vendor overview screen, user clicks on the insert line option (F6) for maintaining the new number ranges for the vendor accounts.

Step 4: On maintain interval vendor screen, user updates the following details.

  • No: User Enters the 2 digits key which identifies the vendor account number range interval in SAP.
  • From No: user updates the starting number of intervals, for e.g. 0000005000
  • To Number: User Updates the last number of intervals, for e.g. 0000005999
  • Ext: This option is checked only if the number range interval is applicable for external assignment.

Post maintaining all the required details, user clicks on the save button and saves the configured details.

How to delete created vendor number range interval?

User Selects number range interval and clicks on delete line option or presses function key F7.
The user is not allowed to delete the number ranges intervals of vendor if the vendor accounts are already made under that interval. The system reflects an error as deletion only possible incase the status is initial.

Assign Number Range to Vendor account groups (OBAS)

In this tutorial, we will assign a number range (already created) to Vendor Groups. One number range can be assigned to some vendor groups. 

Transaction: OBAS

Navigate to IMG Path: Financial Accounting (New) -> Accounts Receivable and Accounts Payable -> Vendor Accounts -> Master Data -> Preparations for Creating Vendor Master Data -> Assign Number Ranges to Vendor Account Groups

Tables: T077K, T077Y

Now when you enter into the transaction, you will get a list of all vendor account groups. There you can search for the desired vendor account group and then choose the appropriate number range.

Assign Number Range to Vendor


 

Create Vendor Master Record (From the End user Menu Path) (FK01)

(From the End-user Menu Path)

T-code (FK01)

Path

SAP Menu
 Accounting
  Financial Accounting
   Account Payable
    Master Records
     Create/Change/Display
     (FK01/ FK02 /FK03)

Cash Discount Received from Vendors

(OBXU)

Step 25A

Define Account For Cash Discount Given (OBXU)

Financial Accounting
 Accounts Receivables & Accounts Payables
  Vendor Account
   Business Transactions
    Outgoing Payment
     Outgoing Payment Global Setting
      Define Account For Cash Discount Given

Create Vendor Master Record

Create Vendor Master Record

Create Vendor Master Record

Create Vendor Master Record


 

Define Account For Cash Discount Given (OBXU)


 

Maintain Terms of Payments (OBB8)

T-code (OBB8)
Path

Financial Accounting
Accounts Receivables & Payables
Business Transactions
Incoming Invoices/Credit Memos
   Maintain Terms of Payments
In the step Maintain terms of payment, you can define rules with which the system can determine the required terms of payment automatically.

Maintain Terms of Payments

Select the option Copy for Copying from Existing Terms of payments or New Entries for defining new terms of payments

Maintain Terms of Payments

Payment Terms: Key for defining payment terms composed of cash discount percentages and payment periods.


 

Bank Accounting Define Bank Accounting (FI12)

Define House Bank

Financial Accounting
 Bank Accounting
  Bank Accounts
   Define House Bank

Bank Accounting

Press Enter

Bank Accounting

Select New Entries

Bank Accounting

House Bank represents the Bank in which the accounts are maintained

Bank Key Represents the Branch of the House Bank

Select Create to complete the address of the corresponding bank.

Bank Accounting

Enter Required Details & Save

Go to the option Bank Accounts

Bank Accounting

Select New Entries

Bank Accounting

Bank A/C No: The Bank Account Number as allotted by Bank. This field contains the number under which the account is managed at the bank

Complete the data and save


 

Define posting key ad Posting Rules for Bank Transactions in

Financial Accounting
 Bank Accounting
  Business Transaction
   Payment Transaction
    Manual Bank Statement
     Create & Assign Business Transaction

Assign Business Transaction

New Entries

Assign Business Transaction

Tran: Type of transaction to be carried out under this type. If the Main bank Account  balance get increased  under a particular transaction type then use the sign + and  vice versa.

Save and Exit


 

How to Create and Assign Business Transaction in SAP FICO


 

Define Tolerance Group for GL Account (OBA0)

T-code (oba0)

(This is to be done before Clearing the GL open Transections)

Define Tolerance Group for GL Account

Financial Accounting
 GL Accounting
  Business Transections
   Open Item Clearing
    Clearing Differences
     Define tolerance for GL Accounts

Define Tolerance Group

Select New Entries

Define Tolerance Group

Enter the company code and text for the tolerance Group.


 

Define Reconciliation Accounts for Customer Down Payments (OBXR)

T-code (OBXR)

Path
Financial Accounting
Accounts Receivables & Payables
Business Transactions
Down payment Received
Define Reconciliation Accounts for Customer Down Payments

Define Reconciliation Accounts

Can be selected from the pre defined Spl GL Indicators or can be created new. For creating new select the option create from the task Bar

Define Reconciliation Accounts

If to be selected from the predefined SPL GL Indicator then following screen will appear.

Define Reconciliation Accounts

Here defined the GL accounts created for customer reconciliation and Advance from Reconciliation A/C.
Save the data.


 

How to Create GL Account for Cash Journal in SAP FICO

  • Create GL Account for Cash Journal
  • (FS00)
  • Define Document Types for Cash Journal
  • Define Number Range Interval for Cash Journal Document
  • Set up cash Journal
  • Create, Change, Delete Business Transaction
  • Set up Print Parameter for cash journal
  • For Posting the transaction in cash journal

BILL OF EXCHANGE TRANSACTION

  • Define Alternative Accounts for Bil/Exch receivables (OBYN)
  • Define bank sub accounts (OBYK)
  • Define B/E Payment Period (Protest Period) (OB86)
  • For Receiving the B/E from customer (F-36)
  • For Discounting theB/E with the Bank (F-33)
  • For Reversing the Contingent Liabilities

WITHHOLDING TAX (TDS) in SAP

  • Check Withholding tax Countries
  • Define Official Withholding Tax Code (Key)
  • Define Reasons for exemption
  • Define Business Places
  • Assign Factory Calendar to Business Places
  • Maintain Tax Due Dates
  • Define Withholding Tax Type for Invoice Posting
  • Define Withholding Tax Type for Payment Posting

How to Define Withholding Tax Codes in SAP FICO

Financial Accounting
 Financial Account Global Setting
  Witholding Tax
   Extended Withholding Tax
    Calculations
     Withholding Tax Codes
      Define Withholding Tax Codes

Here we define the tax base amount that will be subject to tax and the perentage of the tax that will be applicable for calculating the tax on the base amount.

Withholding Tax Codes

Withholding Tax Codes

Withholding Tax Codes

Maintain Surcharge Calculation Methods
Financial Accounting
 Financial Account Gloabal Setting
  Witholding Tax
   Extended Withholding Tax
    Calculations
     India
     Surcharges
      Maintain Surcharge Calculation methods

In this IMG activity, you specify which method you want to use to handle surcharge taxes, according to whether you wish your business to show basic withholding tax and surcharges separately, or whether they can be combined. The SAP System offers you two choices:

• You can define tax codes that contain both the basic tax and the surcharge tax.
• You can define separate tax codes for basic tax and surcharge tax respectively.

Some tax offices prefer you to show surcharges separately from basic withholding tax; others prefer the two to be rolled into one. You cannot customize this information at business place (tax office) level, so we recommend that you use the method that is preferred by the majority of your tax offices.

For each company code, specify which method you want.

Under this option we have to either tick the box against each company code or leave it blank.
This Controls whether surcharge tax rates are maintained independently of basic withholding tax,

1) Check box ticked:   Means Separate tax types and tax codes  for  basic withholding tax  and     surcharge.
2) Check box not ticked: Combined  tax  types and tax code for  basic withholding tax  and surcharge.

Maintain Surcharge Tax Codes
Financial Accounting
 Financial Account Gloabal Setting
  Witholding Tax
   Extended Withholding Tax
    Calculations
     India
     Surcharges
      Maintain Surcharge Tax Codes

In this IMG activity, you maintain the tax codes that you want to use for surcharges.


Assign Withholding Tax Types to Company Codes

Financial Accounting
 Financial Account Gloabal Setting
  Witholding Tax
   Extended Withholding Tax
     Company Code
     Assign Withholding Tax Types to Company Codes

In this activity the withholding tax types are defined to company codes.

Withholding Tax Codes


Activate Extended W/Tax in Co. Code
Financial Accounting
 Financial Account Gloabal Setting
  Witholding Tax
   Extended Withholding Tax
     Company Code
      Activate Extended W/Tax

Withholding Tax Codes

Activate the W/Tax by clicking the box opposite to the company code.


Define a/cs for w/tax to be paid over
Financial Account Gloabal Setting
 Witholding Tax
  Extended Withholding Tax
     Posting
       Define a/cs for w/tax to be paid over

Withholding Tax Codes


Specify Document Types (Account Payable)
Financial Account Gloabal Setting
 Witholding Tax
  Extended Withholding Tax
    Posting
     India
     Remittance Challan
      Document Types
      Specify Document Types (Account Payable)

Withholding Tax Codes

Any kind of document type can be used.


Maintain No. Groups
Financial Account Global Setting
 Withholding Tax
  Extended Withholding Tax
    Posting
     India
     Remittance Challan
      Maintain No Groups

Withholding Tax Codes


Assign Number Range to Number Groups
Financial Account Global Setting
 Withholding Tax
  Extended Withholding Tax
    Posting
     India
     Remittance Challan
     Assign Number Range to Number Groups

Withholding Tax Codes


Maintain Number Ranges
Financial Account Global Setting
 Withholding Tax
  Extended Withholding Tax
    Posting
     India
     Maintain Number Ranges
In this activity we define the number range against each number group and that will be used by the remittance challan.

Withholding Tax Codes

Select task group from task bar.

Withholding Tax Codes

Change the tax to be used by selecting the maintain tax from the drop down menu Group.
Select the group to which the number range to assigned by clicking the box.

Withholding Tax Codes

Go to the option maintain interval through the drop down menu as shown above.

Withholding Tax Codes

Maintain the number range that is to be used.

Maintain Number Groups and SAP Script Forms

Financial Account Global Setting
 Withholding Tax
  Extended Withholding Tax
    Posting
     India
    W/Tax certificate for Customers/Vendors
     Maintain No. Groups and SAP Script Forms

In this activity we define which SAP script forms the business would like to use for printing the tax forms for customers and vendors.

Withholding Tax Codes


Assign Number Range to Number Groups
Financial Account Global Setting
 Withholding Tax
  Extended Withholding Tax
    Posting
     India
    W/Tax certificate for Customers/Vendors
     Assign Number Range To Number Groups

In this IMG activity, you assign a number range (through a number key) to each number group that you have defined in the previous activity.

Withholding Tax Codes


Maintain Number Ranges
Financial Account Global Setting
 Withholding Tax
  Extended Withholding Tax
    Posting
     India
    W/Tax certificate for Customers/Vendors
       Maintain Number Ranges


Set the tax code and tax type in the Vendor Master Record

The same is to be set under the screen withholding tax accounting

Withholding Tax Codes

Maintain Co Code Setting

Logistics-General
 Tax on Goods Movement
    India
    Basic Setting
     Maintain Co Code settings

Withholding Tax Codes

Once the Tax Codes ad Tax Types are assigned to the vendor master records the system will calculate the TDS automatically when the bill is posted. The TDS so deducted should be remitted to the Govt. To remit the TDS to the Gvt following procedure should be followed.

  • Maintain Surcharge Calculation Methods
  • Maintain Surcharge Tax Codes
  • Assign Withholding Tax Types to Company Codes
  • Activate Extended W/Tax in Co. Code
  • Define a/cs for w/tax to be paid over
  • Specify Document Types (Account Payable)
  • Maintain No. Groups
  • Assign Number Range to Number Groups
  • Maintain Number Ranges
  • Maintain Number Groups and SAP Script Forms
  • Assign Number Range to Number Groups
  • Maintain Number Ranges

How to create remitted challan in Withholding tax

Solution

Create Remittance challan
Accounting
 Accounts Payable
  Withholding Tax
   Extended W/Tax
    Remittance of W/Tax
     Create Remittance Challan

Remittance challan

Enter the data and select the option execute

The system will generate a internal remittance challan


How to Update Bank Challan in SAP FICO

Accounting
 Accounts Payable
  Withholding Tax
   Extended W/Tax
    Remittance of W/Tax
     Enter Bank Challan

Bank Challan Update

Enter the data and execute


Asset Accounting (FI-AA) Create View in SAP FICO

  • Define Declining-Balance Methods
  • Define Multi-Level Methods
  • Maintain Depreciation Key
  • Define Screen Layout for asset master Data
  • Define Screen Layout Rules for Asset Depreciation Area