Extended Withholding tax configuration (1)

Sapficoconsultantcom page 35 of 57 we do not want any

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Unformatted text preview: à Calculation à Minimum and Maximum Amounts à Define Min/Max Amounts for Withholding Tax Types www.sapficoconsultant.com Page 35 of 57 We do not want any minimum or maximum amount therefore the configuration is not relevant for us. 2.2.2 Define Min/Max Amounts for Withholding Tax Codes IMG à Financial Accounting à Financial Accounting Global Settings à Withholding Taxà Extended Withholding Tax à Calculation à Minimum and Maximum Amounts à Define Min/Max Amounts for Withholding Tax Codes Here we define minimum and maximum amounts for withholding tax codes. . www.sapficoconsultant.com Page 36 of 57 This configuration is also not relevant for us. www.sapficoconsultant.com Page 37 of 57 3. Company Code 3.1 Assign Withholding Tax Types to Company Codes IMG à Financial Accounting à Financial Accounting Global Settings à Withholding Taxà Extended Withholding Tax à Company Codeà Assign Withholding Tax Types to Company Codes Here we assign the withholding tax types to the company code. Click on Update the following:- www.sapficoconsultant.com Page 38 of 57 Click on Click Click on Update the following:- Click on www.sapficoconsultant.com Page 39 of 57 3.2 Activate Extended Withholding Tax IMG à Financial Accounting à Financial Accounting Global Settings à Withholding Taxà Extended Withholding Tax à Company Codeà Activate Extended Withholding Tax Select Click www.sapficoconsultant.com Page 40 of 57 Click on 4. Postings 4.1 Define Accounts for Withholding Tax to be Paid Over IMG à Financial Accounting à Financial Accounting Global Settings à Withholding Taxà Extended Withholding Tax à Postings à Accounts for Withholding Tax à Define Accounts for Withholding Tax to be Paid Over Update the following:- Click www.sapficoconsultant.com Page 41 of 57 Update th e following:- Click on Update the following:- www.sapficoconsultant.com Page 42 of 57 Click on 5. Generic Withholding Tax Reporting The following configuration steps are not applicable for India. For India there exists separate configuration step for meeting their local reporting requirements. 5.1 Define Output Groups IMG à Financial Accounting à Financial Accounting Global Settings à Withholding Taxà Extended Withholding Tax à Generic Withholding Tax Reporting à Define Output Groups Here we define output groups for the Generic Withholding Tax Reporting program . For each output group, specify what lists, printouts, and files it covers, and which accounting documents the prog...
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This note was uploaded on 11/07/2012 for the course SCIENCE 102 taught by Professor As during the Spring '12 term at Granite State College.

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