Solution : https://service.sap.com/sap/support/notes/1483754 (SAP Service marketplace login required)
Summary :
This SAP Note addresses the VAT percentage change mandated by OUG 58/2010, effective from July 1st, 2010, which increases the standard VAT rate from 19% to 24% in Romania. Users must update their tax codes in the TAXRO tax procedure by adding new tax codes for both sales (output tax) and purchases (input tax). The customizing path provided involves Financial Accounting Global Settings under Tax on Sales/Purchases. Future updates will adjust country-specific reporting and other Romanian SAP report modifications associated with VAT regulations as they are published by the local tax authority.
Key words :
sales/purchases => calculation => define tax codesfor sales, customizing => financial accounting => financial accounting globalsettings => tax, 2010the note 1495028 relating sales/purchases journals released, 2010the note 1496447 relating vat statement - code 300 acc, 2010sap note number 1484424 - romania - taxro procedure oug 58/201005, 1484424 - romania - taxro procedure oug 58/2010in addition, vat legal change oug 58/2010 reason, tax procedure/ taxro procedure, romanian sap reports included, laws relating vat statements
Related Notes :
| 1496447 | Romania VAT 300 Statement - new percent rates - 01.08.2010 |
| 1495028 | LC VAT 2010/24 PERCENT in Romania |
| 1484424 | Romania - TAXRO procedure OUG 58/2010 |
| 851487 | Tax customizing for Romania - delivery |
| 537272 | Enhancements for SAP installation, Romania |