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.

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.

The program uses a separate database (table DEFTAX_ITEM) that stores the data of invoices, payments, down payments, tax transfer documents, and any other documents that are relevant for deferred taxes. When the program is executed, it first reads the data from this database, and, if required, it updates this database with the latest data.

The database is updated only at the moment of tax transfer document posting. That is, you can see the latest data in the output of the report only after the tax transfer documents have been posted.

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 Further Selections group box, you can further restrict your selection criteria based on several additional parameters.

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 Russia, the report does not store the data you enter in test mode, but it only stores the data you enter in update mode.

In this group box you can also choose to display existing reporting lines (tax line items in the database of the program) only, or you can choose to simulate or create new reporting lines.

In the Posting Parameters group box, define the main parameters for posting and 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.

Inthe 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). In this group box, you can also choose to recognize the vendor and/or customer invoices on full payment only.

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).