Reversing Acquisition Tax Accruals 

Use

You reverse acquisition tax accruals after the vendor sends the invoice. You do so as follows.

This program is not intended for goods returns or other kinds of goods receipt reversals. They are covered by the Create Acquisition Tax Accruals program.

Procedure

...

       1.      On the SAP Easy Access screen, choose Accounting ® Financial Accounting ® General Ledger ® Reporting ® Tax Reports ® Czech Republic or Hungary or Poland or Slovakia ® Acquisition Tax Accruals ® Reverse.

       2.      In the General Selections group box, enter:

¡        The company code

¡        The invoice posting dates

       3.      In the Postings group box, make the settings for the reversal documents.

       4.      Choose  with the quick info text Execute.

Result

The program generates the reversal documents as follows:

·        All amounts in foreign currency are translated at exactly the same rate as in the acquisition tax accrual, so that no translation differences arise.

·        The same tax codes are used as in the acquisition tax accrual.