Solution : https://service.sap.com/sap/support/notes/607271 (SAP Service marketplace login required)
Summary :
This SAP Note outlines the adjustments necessary for transitioning from Stage 0 to Stage 1 in the VAT solution for India in the MM module, encompassing legal requirements and system customization. With Country Version India activated, specific changes include defining VAT Registration Numbers, implementing new functionalities for tracking and reporting VAT, and reconfiguring the Alternate G/L Account determination. Key updates include the introduction of the Business Place concept, allowing detailed VAT tracking per branch or region within a company. The note also advises on configurations such as Tax Code definitions and transactions relevant to Materials Management, ensuring compliance with local VAT laws.
Key words :
6 debit gr/ir account - rs 100 debit cenvat clearing account - rs 16 debit vat cedit pool account - rs 11, imports high-seas purchases unregistered dealer purchases composite dealer purchases services user, - credit cenvat clearing account - rs 16 debit rg23a account - rs 16 invoice verification, img > materials management >inventory management > goods issue / transfer postings > define screen layout, > sap menu > customization > india localization menu > global settings > define business place, > sap menu > customization > india localization menu > global settings > assign business place, - credit gr/ir account - rs 100 debit inventory account - rs 100, physical inventory > goods issue / transfer postings > define screen layout, > sap menu > customization > india localization menu > accounting > alternate, - defining vat registration number determining official number range
Related Notes :
| 611200 | Code correction for Service order |
| 608105 | Changes to customer and vendor master |
| 607714 | Business Place to be used in Logistics for VAT |
| 607560 | Maintenance View of the Business Place in Logistics |
| 607479 | Logistics transition strategy for VAT Stage 0 to 1 |
| 605052 | Taxes Configuration for VAT solution in India - Stage 1 |
| 605033 | Preparatory Activity for VAT implementation in India |