ProcedureCalculating VAT Totals

 

Before you can print a VAT return, the system must add up the total VAT posted under each target tax code. The system stores the total VAT amounts under a run ID (see below), which you then state when you print the VAT return.

Procedure

  1. On the SAP Easy Access screen, choose Accounting · Financial Accounting · General Ledger · Reporting · Tax Reports · General · Advance Return for Tax on Sales/Purchases · Advance Return for Tax on Sales/Purchases.

  2. On the main selection screen, fill out the following data:

    • Company code

    • Posting date

  3. In the Output Control group box, select Total by Debit/Credit.

  4. In the Posting Parameters group box, enter data as follows:

    1. Select Update Documents: Update Run.

    2. Select Prepare Printing of Forms.

    3. Enter the program run date and a run ID of your own choice.

  5. Choose the Execute.