Non-Fixed Asset Input Tax Deduction (non-apport.) 

Purpose

This process forms the input tax revision for costs that are posted to the real estate objects in the framework of the input tax opting (do not have to be capitalized and costs are not apportionable). The following objects are included:

Prerequisites

In the Real Estate Customizing the company codes affected by input tax opting are selected.

Process Flow

  1. You have to define the distribution rules for deductible and non-deductible input tax in the form on option records or their calculation type in the master data of the real estate objects affected.

Manual calculation type

Automatic calculation type

In this case, you have to enter manually the option rates.

In this case:

  • You have to maintain the adjustment method in the objects
  • You have to start the automatic calculation of the option rates

  1. To determine the deductible input tax using the option rate, you have to start an automatic input tax distribution.

Result

The system has calculated the deductible and non-deductible part of the input tax using the option rate and posted it to the accounts set in Real Estate Customizing.

You can calculate and print the tax burden for certain periods using the advance return for sales tax (F1 function).