Define Account for Tax Clearing (SAP Library - Accounts Receivable and Accounts Payable)

Define Account for Tax Clearing

In this step, you define an output tax clearing account. This account is needed if you display down payments gross in the customer account.

Note

Your specification depends on the chart of accounts. In addition, you can specify a key for the differentiation which groups the special G/L indicator, the account type and the reconciliation account together.

Requirements

You have defined the key.

Activities

1. Enter one or more output tax clearing accounts when you display your down payments gross.

2. Make sure that the accounts are created.

3. Furthermore, make sure that the "Tax catgegory" field in the alternative reconciliation account was filled correctly for the down payments.