Use

Using this process, you correct input tax for objects where the actual use differs from the use that was originally planned.

Prerequisites

You assigned area menu REITMENUTC to your role.

You can execute input tax correction only for line items, for which input tax can be distributed. You made all settings in Customizing for Flexible Real Estate Management (RE-FX) for input tax distribution .

You also made the following settings:

You defined the option rate methods.

You specified the flow types that should be used for determining the accounts for input tax correction.

For input tax correction, you made all settings in Customizing for the master data and the data relevant to posting. You make these settings in Customizing for input tax correction. On the SAP Easy Access screen, enter transaction REITCCUST.

Procedure

Create correction object (master data)

The correction object contains the following data:

Information about the asset for calculating and posting the input tax correction

Information that controls the assignment of line items to this correction object

Post and assign documents

You post the documents in FI and assign the correction object at that time, or you assign the correction object to the posting later.

Execute option rate determination for the input tax distribution

For the input tax distribution, you have to determine the option rates for the possible account assignment objects (and for the correction objects). You normally perform this task on a monthly basis, as described in the unit on option rate determination.

Distribute input tax

You distribute the input tax using one of the following:

Option rate of the account assignment object of the line item

Option rate of the correction object for the line item

Option rate entered directly in the line item

For assets, the input tax distribution is made using the option rate of the correction object.

Determine basis for input tax correction (manually or automatically)

The system automatically determines the input tax correction basis as the total of all assigned line items.

There are certain asset transactions (such as asset retirements) or other correction-relevant transactions where there are no input tax documents. For these transactions, you enter the input tax correction basis manually in the correction object (net costs - total input tax - deducted input tax).

Automatic calculation and posting of correction

The system calculates the option rates automatically during the monthly run of the option rate determination program. If you chose a manual method for option rate determination, you can change the option rate manually. If you do not change the option rate manually, then the system automatically copies the option rate from the previous month into the next month.

You run the input tax correction program.

The system uses the following data:

The correction period

The option rates (from the correction object)

The input tax correction basis (this contains information on the deducted input tax)

Trivial amount limits per German ordinance regulating sales/purchase tax (UStDV)

Using this data, the system calculates the input tax correction amount, while taking trivial amount limits into account. It then posts the input tax correction.