Option Rate Determination and Input Tax Distrib. for Account Assignment Objects Before running an input tax correction, you first distribute input tax using the current option rate or a planned option rate.
The determining factor is the option rate at the time of service.
You made the necessary Customizing settings for option rate determination and input tax distribution. For more information, see Option Rate Determination and Input Tax Distribution .
Each cost posting is assigned to an account assignment object, and possibly also to a correction object. Both of these objects can contain an option rate. The system determines the option rate for input tax distribution as follows:
In Customizing, you can specify for each object type if the option rate is read from the line item of the assigned correction object or from the account assignment object.
You can also enter a different option rate (either when posting the document, or in the
Assign Original Documents
function). In that case, the option rate you enter manually in the document overrides the option rate that is read from the account assignment object or the correction object.
If no date of service was entered, then the system determines the option rate for the posting date of the original document.
Account Assignment Object: |
Option Rate Determined From: |
|---|---|
Real estate object (business entity, building, land, rental object, contract) |
|
Cost center Order WBS element |
|
Asset |
|
First perform option rate determination and then input tax distribution for the account assignment objects as described in Option Rate Determination and Input Tax Distribution .
On the correction object, you then see the net costs and the input tax due for them on the
Correction Basis
tab page (see
Creating Correction Objects
).
The floor covering is replaced on the ground floor of a building. You post the costs of the measure to an order and assign the costs to a correction object at the same time.
You entered the rental objects (a shop of 400 square meters and an apartment of 100 square meters) in the correction object as objects for option rate determination.
You want input tax distribution to be based on the rental objects actually involved (and not on the basis of the entire building). Therefore, you set up Customizing so that in the case of account assignment to the order, the option rate for input tax distribution is determined from the correction object.
Original Document:
Costs 6,250+
Input tax 1,000 with account assignment made to the order and the correction object
The option rate for the date of service is 20%.
Input Tax Distribution:
Costs from non-deductible input tax 200
to
Input tax -200
Note:
For costs (of fixed assets) requiring capitalization, the non-deductible tax was capitalized on the asset.