Entering content frameProcess documentation Input Tax Treatment of the Fixed Assets Locate the document in its SAP Library structure

Purpose

This process forms the input tax revision for costs that fixed asset costs affected by capitalization and that are posted to the correction items in the framework of the input tax opting.

In accordance with this, you have to adjust the input tax for properties and buildings when the option rate changes. The correction period is a maximum of ten years in this case.

The correction items record the changes in the correction period correction item.

Prerequisites

Customizing settings

Process Flow

  1. Allocation to the asset accounting

    2. You allocate the real estate objects to the asset accounting by entering the number of the business entity affected as the asset super number.

    In addition you can allocate the assets affiliated to the business entity in the master data of property and buildings simplifying the allocation of rental units in this object to the correction item.

  2. Creating correction items

    3. Create a correction item so that you can form the input tax treatment of the fixed assets.

  3. You have to define the distribution rules for deductible and non-deductible input tax in the form on option records or their calculation type in the correction items.

    4. Manual calculation type

    Automatic calculation type

    In this case, you have to enter manually the option rates.

    Caution

    You have to implement the automatic option rate determination for determining the composite rates during the whole phase of the input tax correction

    In this case, you have to start the automatic calculation of the option rates

  4. Input tax distribution

    5. To determine the deductible input tax using the option rate, you have to start an automatic input tax distribution on a monthly basis.

  5. Performing input tax handling

Perform the input tax handling on a monthly basis so that the legally required correction postings for the input tax distribution can be performed in the corresponding periods.

Result

The system has calculated the deductible and non-deductible part of the input tax using the option rate in accordance with the phases of input tax treatment and posted it to the accounts set in Real Estate Customizing.

Note

You can calculate and print the tax burden for certain periods using the advance return for sales tax (F1 function).

 

 

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