I agree with both Paul and VidhyaDhar on these points. I would also
point out that in the EU it is a legal requirement to post the
vendor's invoice "as is" even if the VAT is incorrectly calculated.
You post it and then contact the vendor to get a credit note and a
corrected invoice, so you need to post the tax manually in such cases.
Rgds, Roy
VidhyaDhar via sap-acct wrote:
>
>
> Hi
>
> I quite agree with Paul's views in that it is possible for vendors to commit
> clerical errors during billing. I opine that it would be easier to account
> for the vendor's invoice as it is ( that is with the erroneous value) and
> then probably raise a debit memo on the vendor for the differential and
> disputed value explaining him/her the reasons. In order to do this just
> make sure that you do not activate the check box "Post Automatically " in
> the G L Master records of the related Input Tax account(s). This helps in
> easier reconciliation of vendor bills with the vendor(s) concerned.
>
> On the other hand, a more lenient business unit may, as Paul rightly
> suggested, also set up a tolerance limit and accept minor variances in tax
> either to be absorbed or disputed later. This procedure helps in avoiding
> delays usually caused in accounting vendor bills owing to a minor /
> insignificant tax related error which can be handled later.
>
> Regards
>
> VidhyaDhar
>
> On Sat, Jun 5, 2010 at 11:34 PM, Paul Bastone via sap-acct <
> sap-acct@groups.ittoolbox.com> wrote:
>
>> Posted by Paul Bastone(Senior FI consultant)
>> on Jun 5 at 2:01 PM Sidi,
>>
>> I am not questioning the principle. Of course they should be the same.
>> However, humans make mistakes.
>> Tax codes in SAP allow you to set up tolerances which will allow
>> differences. It is possible that a vendor could make a minor error (of
>> rounding) which would be acceptable. In this case you should enter what is
>> on the invoice and not what SAP calculates.
>>
>> Regards,
>>
>> Paul
>>
>> From: Sidi94 via sap-acct <sap-acct@Groups.ITtoolbox.com><http://Groups.ITtoolbox.com%3E>
>> To: Paul Bastone email@removed
>> Sent: Sat, 5 June, 2010 17:23:28
>> Subject: Re: [sap-acct] sales tax calulation when posting Vendor invoice
>> from fi
>>
>> Posted by Sidi94
>> on Jun 5 at 12:00 PM Mark as helpful
>> Both should be same. If input tax is 10% (that is legal for the country in
>> question), and the invoice amount is $ 100, the tax calculated by
>> the system would be $ 10, making the total invoice amount $ 110. Now, if
>> vendor has $ 11 on his invoice, that is wrong and you should
>> dispute that.
>> I think it does not matter which country you are in. How can a vendor
>> charge you $ 11 if the country's vat rate is 10%?
>> Sidi
>>
>> -----Original Message-----
>> From: Paul Bastone via sap-acct <sap-acct@Groups.ITtoolbox.com><http://Groups.ITtoolbox.com%3E>
>> To: Sidi94 email@removed
>> Sent: Sat, Jun 5, 2010 3:56 am
>> Subject: Re: [sap-acct] sales tax calulation when posting Vendor invoice
>> from fi
>>
>> Posted by Paul Bastone (Senior FI consultant)
>> on Jun 5 at 9:59 AM
>> Mark as helpful
>>
>>
>>
>> Hi,
>>
>> If we are talking about vendor invoices here, are we not obliged to enter
>> the tax that is on the printed vendor invoice (which is a legal document)
>> rather than let SAP calculate the tax?
>> Maybe this requirement is country based?
>>
>> Regards,
>>
>> Paul
>>
>>
>> From: S3Kumar via sap-acct <sap-acct@" rel="nofollow" target="_blank"
>> Groups.ITtoolbox.com> <http://Groups.ITtoolbox.com%3E>
>> To: Paul Bastone email@removed
>> Sent: Fri, 4 June, 2010 20:21:41
>> Subject: RE:[sap-acct] sales tax calulation when posting Vendor invoice
>> from fi
>>
>> Posted by S3Kumar (SAP FICO Consultant)
>> on Jun 4 at 2:19 PM Mark as helpful
>> Sandeep,
>>
>> There are two ways in which you can enter the FI tax-relevant vendor
>> invoice- gross approach and net approach.In the gross approach you enter the
>> gross amount in the header,select the appropriate input-tax code in the
>> header drop-down,check the calculate tax check-box in the header......and
>> then enter the line item.
>>
>> In the net approach, you will enter the line items first and assign the
>> appropriate input tax code to the line item.Then goto the tax tab in the
>> header and click on "net-proposal"...this will calculate the tax based on
>> the tax codes entered...and when you navigate to the "basic data" tab you
>> will see that the "Bal." field on the top-right corner of the screen will
>> show the gross amount (inclusive of tax)...copy this amount in the amount
>> field in the header and then simulate and post.
>>
>> Which one of the above processes have you been using to post your vendor
>> invoice?
>>
>> Thanks,
>>
>> Saurabh.
>>
>> ---------------Original Message---------------
>> From: SAPFIsandeep
>> Sent: Friday, June 04, 2010 3:11 AM
>> Subject: sales tax calulation when posting Vendor invoice from fi
>>
>>> Firends
>>> I am facing problem , when i am posting vendor invoice from fi , its not
>>> geting tax calulation even if i am giving tax code. and neither showing
>> any
>>> error
>>> Please help
>>> --
>>> with warm regards
>>> Sandeep Jain ( Choraria)
>>> SAP Certified Associate,
>>> ERP Consultant
>>> 09831016594,
>
>
>
>
--
Roy Brookes AFA, FInstBA,
Senior SAP??? Financials Consultant
Tel: +49 171 268 9635 (mobile)
Tel: +49 40 793 19642 (landline)
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www.RoyBrookes.com
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