Deferred Tax Transfer 

Use

When a customer pays an invoice, or when you pay a vendor invoice, the tax is recognized by law, and you transfer the tax from the deferred tax account to the normal tax account. To do so, you use the Deferred Tax Transfer program. You can run it whenever you want to transfer taxes.

In Russia, you also use this program before you prepare a VAT return. It prepares a list of the tax items that are to be reported in the return (see Preparing Data for VAT Returns).

To access the program, on the SAP Easy Access screen, choose Accounting → Financial Accounting → General Ledger → Reporting → Tax Reports → General → Deferred Tax → Deferred Tax Transfer (New).

Prerequisites

You have made the settings described in Customizing for the Deferred Tax Transfer Program.

Features

This program supports the plants abroad function.

Selection

In the General Selections group box, you specify which company code, time frame, and fiscal year you want to transfer the taxes for. In Mexico and Russia, the time frame refers to the payment date.

In the Type of Run group box, you specify whether you want to run the program in test mode or update mode:

·        To run the program in test mode, select Update Documents: Test Run.

·        To run it in update mode, select Update Documents: Update Run.

In the Posting Parameters group box, you specify whether you want the program to generate any tax transfer documents:

·        To generate the documents online, select Call Transaction … Using ….

Use this option if you have invoices that you have entered multiple payments for, to ensure that the program clears the tax items correctly.

·        To generate the documents in a batch input session, select Transfer Posting, and enter the data for the batch input session.

In the Currency Translation group box, you specify which date’s exchange rate the program translates the taxes at (see Translation of Tax Items in Foreign Currency).

Output

The program reads the invoices, payments, down payments, and any other documents that may be relevant for deferred taxes. It recognizes payments by check and payments by bill of exchange according to your Customizing settings.

 It then generates the appropriate tax transfer documents (see Generation of Tax Transfer Documents).