Secondary Events

You use this program just before you prepare a VAT return, to transfer input VAT from provisional input VAT accounts to input VAT accounts. VAT can accrue on provisional input accounts when you:

Export goods (see Exports)
Purchase materials and services to construct assets for your own use (see Closing for VAT on Assets)

To access the report, on the SAP Easy Access screen, choose Accounting Financial Accounting General Ledger Reporting Tax Reports Russia Secondary Events.

Prerequisites

You have:

Customized the tax codes for secondary events
Made the settings described in Customizing for Secondary Events Program
Verified which assets you can offset the VAT from, as described in Closing for VAT on Assets
Verified which exports you have processed, as described in Verifying Exports

Features

Selection

In the Secondary Events group box, you specify which company code you want to transfer the VAT for.

In the Secondary Events and Invoices group boxes, you can restrict which documents the report selects.

In the Tax Transfer Documents group box, you specify:

Whether you want to run the report based on the accrual basis for VAT accounting
Whether you want the report to check the date in the Business Partner Reference Key field
Which exchange rate to translate items in foreign currency at
Which transaction you want to use for posting
Whether you want to run the report in update mode, and if so, which document type and dates to use for the accounting documents

Output

The program generates the accounting documents to transfer the appropriate amount of VAT from the provisional VAT accounts to the VAT accounts. To do so, it:

Identifies the provisional tax items:
1. It determines which VAT codes you use for posting provisional taxes (those that are themselves target tax codes and have target tax codes assigned to them (for example, V9 see Tax Codes for Secondary Events)).
2. It reads the items on the G/L accounts assigned to these tax codes.
Checks how much of the tax qualifies to be transferred, by reading the results from the verification of exports and materials used in asset construction
Generates an accounting document to transfer this amount

It stores the invoice number and material item number in the tax transfer document header, in the Reference Document Number field.

In addition, if the program finds that an invoice item originally posted for a material or service used in the construction of assets has changed, it changes the tax code (see Transfer Postings for Invoice Items Whose Usage Changes).