Acquisition Tax Accruals 

Use

In the Czech Republic, Hungary, Poland, and Slovakia, the tax authorities require you to post acquisition tax on goods receipts by the 15th of the following month at the latest.

That means that if you do not receive an invoice by this date, you calculate the accrued acquisition tax yourself, before you prepare and file the VAT return. When you receive the invoice, you reverse the acquisition tax accrual.

SAP ECC offers two programs that allow you to create and reverse acquisition tax accruals.

Activities

Customizing

Make the settings as described in Customizing.

Day-to-Day Activities

For the acquisition tax accrual programs to be able to work correctly, you must follow a number of particular procedures in the procurement cycle. For more information about the procurement cycle, including when to create and reverse acquisition tax accruals, see Creation and Reversal of Acquisition Tax Accruals.

Periodic Processing

Each month, before you prepare your VAT return, you create the acquisition tax accruals and reverse those that are left over from previous months.

For detailed information about how the programs generate the accounting documents for the accruals, see Generation of Accounting Documents for Accrued Acquisition Taxes.