 Financial Accounting (New)  General Ledger Accounting (New) Periodic Processing Report Statutory Reporting: Kuwait Assign PDF Forms to Reports  or transaction SM30 , FIGEKW_V_REPFORM
| At the company-code level, you define which PDF output forms are to be used in conjunction with which programs. These settings enable you to generate the forms in the format required in Kuwait. Specify the program and then assign the PDF form object as required. SAP delivers the form objects listed below. You can use these or create your own. Program: Fixed Asset Statement (RPFIKW_AA_DEPR ) Form Object: FIAAKW_FORM Program: Stock Statements at Closing Inventory (RPFIKW_STOCK ) Form Object: FISTOCK_FORM Program: Statements of Subcontractor Payments (RPFIKW_SUBST ) Form Object: FISUBST_FORM Program: Income Tax Declarations (RPFIKW_TAXDECL ) Form Object: FITDKW_FORM Program: Withholding Tax Settlements (RPFIKW_WITH ) Form Object: FIWTKW_FORM
Language determines the language of the form and PDF Form Version determines the alignment and layout. Note that the language you select should correspond with the form version, as in this example:
Language: AR PDF Form Version: 02 Language: EN PDF Form Version: 01 Language: AR PDF Form Version: 02
 Note
So that the system can create the required output format of the financial statements, you additionally need to set up the form structure in the Customizing activity Define Form Structure for Financial Statements after you have defined the PDF output and assigned it to the reports. End of the note. |
Financial Accounting (New) General Ledger Accounting (New) Periodic Processing Report Statutory Reporting: Kuwait Financial Statements Define Form Structure for Financial Statements or transaction SM34 , VC_FITDKW_FSC | You set up the form structure of the financial statements for use with the financial statement reports in accordance with the form that is legally required in Kuwait. SAP delivers a sample form structure that you can change if required. You can vary the level of detail of your financial statements, affecting how statement items are assigned to the lines in the form structure, as follows: When you create a flat, one-level financial statement version that contains statement items on the same level and no cumulated summary nodes are defined, you need to define the cumulative lines in this activity (on the Assign FSV Nodes screen) by aggregating the relevant statement items and selecting the proper debit/credit sign. When you create a hierarchical (multi-level) financial statement version that includes cumulative lines, in this activity (on the Assign FSV Nodes screen) you can create one-to-one line assignments to set up a form structure line.
To set up the form structure, proceed as follows: On the Form Structure screen, create a key and a description that uniquely identifies the form structure, and assign a financial statement version (FSV) to it. Select the row and double-click Define Lines . On the Define Lines screen, set up the structure of the financial statement as follows: Create line entries in the activity that correspond to the rows in the financial statement form and enter the name of each statement item. Assign the sequential number to the line under which the statement item appears in the financial statement. Specify the section of the financial statement to which the statement item belongs, for example, Assets , Liabilities and Equity , or Profit and Loss . Specify the type of the line. You can enter comment lines that do not contain any value. The values of the other lines come from the G/L accounts according to your Customizing settings where you assigned the G/L accounts to the statement items. Specify the method by which the system adjusts the line item amount by selecting the relevant sign in the Sign field. You do not need to select a sign for lines with the type Comment .
Select the row and double-click Assign FSV Nodes . On the Assign FSV Nodes screen, assign all the financial statement items, whose cumulated value will be the result value, to the lines you have created in step 2. You can assign items only to line type FSV Node Value entries.
Note The following lines are used for internal calculations and cannot be modified or removed: 45, 60, 70, 80, 95, 100, 110, 120, 130, 140, 150, 160, 170. End of the note. |
Financial Accounting (New) General Ledger Accounting (New) Periodic Processing Report Statutory Reporting: Kuwait Financial Statements Specify Company Status Codes or transaction SM30 , FITDKW_V_STATUS | You specify company status codes and indicate whether or not they are subject to income tax according to local practices. These entries are subsequently used as selection options in the Customizing activity Specify Company Code Extension . |
Financial Accounting (New) General Ledger Accounting (New) Periodic Processing Report Statutory Reporting: Kuwait Financial Statements Specify Operational Status Codes or transaction SM30 , FITDKW_V_OPERAT | You specify operational status codes that impact the taxation status and rates of companies as determined by local legal requirements. These entries are subsequently used as selection options in the Customizing activity Specify Company Code Extension . |
Financial Accounting (New) General Ledger Accounting (New) Periodic Processing Report Statutory Reporting: Kuwait Financial Statements Specify Company Code Extension or transaction SM30 , FITDKW_V_EXT | You extend the characteristics of a company code by specifying a company status and operational status that determine it’s subjectability to income tax in accordance with local practices in Kuwait. You also indicate what percentage of shares of the company, if any, are owned by foreign entities (in Kuwait, these are all non-Kuwaiti and Non-Gulf Cooperation Council shareholders). Having selected a company code, you indicate the following: Valid from date according to which these changes should take effect.
Company Status based on the options you have specified in the Customizing activity Specify Company Status Codes .
Operational Status based on the options you have specified in the Customizing activity Specify Operational Status Codes .
Percentage of Foreign Share .
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Financial Accounting (New) General Ledger Accounting (New) Periodic Processing Report Statutory Reporting: Kuwait Financial Statements Specify Income Tax Rates or transaction SM30 , FITDKW_V_TXRATES | You specify the income tax rates that apply in Kuwait. You select the Operational Status Code , specify the Income in Excess amount to which a given tax rate applies, and then input the applicable tax rate as defined by Kuwaiti law. Some Operational Status Code areas are eligible to receive Marginal Relief when income exceeds a legally defined threshold; in this case, create a separate line and select the Marginal Relief checkbox. In this way, the base tax rate will be applied to the amount up to the threshold and the marginal relief rate will be applied to the amount in excess of the threshold up to the defined limit. |
Financial Accounting (New) General Ledger Accounting (New) Periodic Processing Report Statutory Reporting: Kuwait Financial Statements Specify Line Texts for PDF Tax Declaration Output or transaction SM30 , FITDKW_V_LTEXTS | You can specify text for specific line numbers. This text will appear as a description for that line in the PDF output of the tax declaration. You also specify if the line number should appear as a loss. |
Financial Accounting (New) General Ledger Accounting (New) Periodic Processing Report Statutory Reporting: Kuwait Financial Statements Specify Tax Codes and Tax Types for Dividend Withholding or transaction SM30 , FIWTKW_V_WITH | You specify the tax codes and tax types for the relevant company codes as used for applying the withholding tax to dividend payments in Kuwait. You specify the following: Company codes relevant for withholding tax on dividend payments Tax type that refers to withholding tax in on dividend payments The tax code that indicates the tax percentage that is applied to dividend payments The GL indicator used to identify the withholding tax payment sent to the tax authorities
When you enter the required data, note that you must also specify the country. The same tax type can have varying characteristics by country. |
Financial Accounting (New) General Ledger Accounting (New) Periodic Processing Report Statutory Reporting: Kuwait Financial Statements Define Columns of Depreciation Form or transaction SM30 , FIAAKW_V_COL | You define the columns of the output of the report Fixed Asset Statement . You specify the sequence of the columns and the text that appears in the column header. |
Financial Accounting (New) General Ledger Accounting (New) Periodic Processing Report Statutory Reporting: Kuwait Financial Statements Assign Asset Categories to Form Columns or transaction SM30 , FIAAKW_V_CLASS | You assign asset categories to the form columns of the output of the report Fixed Asset Statement . You first select the evaluation group you want to assign and then specify under which column it should appear. Note that a column can have more than one evaluation group assigned to it. |
Financial Accounting (New) General Ledger Accounting (New) Periodic Processing Report Statutory Reporting: Kuwait Financial Statements Assign Functional Area Categories or transaction SM30 , FIAAKW_V_PRJ | You assign the functional areas that relate to project costs in the output of the report Fixed Asset Statement . The report output differentiates between Project Costs and Other Costs , so any functional areas specified under this activity will be grouped with project costs. |
Financial Accounting (New) General Ledger Accounting (New) Periodic Processing Report Statutory Reporting: Kuwait Financial Statements Specify Retention for Statement of Subcontractors or transaction SM30 , FISUBSTKW_V_RET | You specify the Special G/L Indicator or Terms of Payment key used for retention in the statement of subcontractor payments for Kuwait. |
Customizing for Statutory Reports