With the VAT transfer of credit memos, you may apply for VAT deduction (decrease of the output tax) from a credit memo issued to a customer only if the customer confirms the credit memo.
When you post a credit memo for a business partner who is a VAT payer, the system posts the tax and expense amounts of the credit memo to temporary accounts and assigns the tax amount to a temporary tax code. After you have received a confirmation about the delivery of the credit memo from the business partner, and you have set the status of the credit memo to delivered, the system transfers the tax and expense amounts to the target tax code.
You use the function for processing the VAT transfer, which contains the following activities:
You can display all the credit memos that were created for a business partner.
You can set the status of credit memos to Delivered
.
You can reverse VAT transfer documents.
This process only applies to credit memos that are issued to business partners who are VAT payers. The tax in credit memos to business partners who are not VAT payers is posted directly to the relevant target tax code.
Technical Name of Product Feature |
|
---|---|
Product Feature is | New |
Country Dependency | Czech Republic |
Software Component Version |
|
Application Component |
|
Availability | SAP Enhancement Package 7 for SAP ERP 6.0, SP 08 |
Required Business Function |
|
You make the following settings in Customizing for Contract Accounts Receivable and Payable
(FICA) under :
If negative posting and/or reversal of VAT transfer is needed, you must also complete steps in the following Customizing activities:
.
.