Comparison Report for Down Payment Chains and Deferred Tax 

Use

You can use this report to compare deferred tax from the deferred tax transfer posting report (transaction RFUMSV50) in Financial Accounting (FI) with the down payment chain data. The system calculates the deferred tax both in the transfer posting report and in the down payment chain processing. You use the report to compare the tax from both applications and find any discrepancies.

Prerequisites

You have run the transfer posting report for a particular key date. A comparison is not possible until the transfer posting report has been run and all accrued taxes have been reported.

Features

You can compare the reported tax from the transfer posting report with the tax calculated from the down payment chains based on the following selection:

·        Down Payment Chain

·        Company code

·        Vendor

·        Key date

·        Tax code

The system calculates the amount of tax to be reported for the down payment chain using the posted values within the down payment chain (invoices and payments). The system compares this tax amount with the deferred tax from the transfer posting report. The system calculates the tax amount depending on the status of the down payment chain:

·        FI – Tax from invoices (down payment chains with final invoices)

The system calculates the tax to be reported from the whole invoice for expenses, because down payment chains with final invoices are subject to taxation on an accrual basis.

·        PI – Tax from payments (down payment chains without final invoices)

The system calculates the taxes to be reported from the payments already made because down payment chains without final invoices are subject to deferred tax.

In both cases the system takes cash discounts into account because they influence tax.

You have a tabular overview of all taxes to be reported. The system also calculates the difference between deferred tax from the transfer posting report and the tax amount from the down payment chain. You carry out other analyses manually.

Constraints

Rounding Differences

The comparison report sets out the deferred tax data from the transfer posting report against the calculated down payment chain values. The calculated value is based on the cumulated invoice or payment amount for each down payment chain. The deferred tax from the transfer posting report consists of separate tax report items for each document. This means that for each down payment chain there are several report items that are added to the total tax in the comparison report for each down payment chain.  It can therefore occur that rounding errors of a few cent arise when calculating taxes. You must take this into account when interpreting the results/profits in the comparison report.

Changes in Tax Rate

Changes made to tax rates are not supported.

Activities

Call the comparison report using transaction /SAPPCE/DPC_TAX.