8/22/2019 GST Configuration in SAP FICO

☰
Advertisement

Home » SAP FICO (Financial Accounting and Controlling) » SAP FICO (Financial Accounting and Controlling) Tutorial

TAX and Pricing Procedure Configuration for GST

 03 May 2017 10:51 am ||  0

Tax Procedure Configuration for GST

1) Create Condition Table

These condition table combinations are for user reference with the help of these and you create your own condition table as per
your business requirement.

Create Condition Table for Material

Transaction code: M/05

Method 1: Dest. Ctry/Region/PlntRegion/GST Class./Tax ind./Ctrl code/Tax code

Method 2: Region/PlntRegion/GST Class./Material/Tax code

Create Condition Table for Services

Transaction code: M/05

Method1: Region/PlntRegion/GST Class./Activity/Tax code

This website uses cookies to improve your experience. We hope that you are ok with this, but you can opt-out if you wish.

Accept Read Cookies Policy

https://www.stechies.com/tax-pricing-procedure-configuration-gst/ 1/9
8/22/2019 GST Configuration in SAP FICO

2) Create Access Sequence

Transaction code: OBQ2

Create Condition Type

Transaction code: OBQ1

Create Central GST condition type

Create State GST condition type

Create Integrated GST condition type

Create State GST Non-deductible condition type

Create Central GST Non-deductible condition type

This website uses cookies to improve your experience. We hope that you are ok with this, but you can opt-out if you wish.

Accept Read Cookies Policy

https://www.stechies.com/tax-pricing-procedure-configuration-gst/ 2/9
8/22/2019 GST Configuration in SAP FICO

Create Integrated GST Non-deductible condition type

Create Accounting key

Transaction code: OBCN

Central GST

Integrated GST

State GST

5) Update tax procedure - TAXINN

Transaction code: OBQ3

This website uses cookies to improve your experience. We hope that you are ok with this, but you can opt-out if you wish.

Accept Read Cookies Policy

https://www.stechies.com/tax-pricing-procedure-configuration-gst/ 3/9
8/22/2019 GST Configuration in SAP FICO

Note: This is an illustration of GST conditions only, steps may vary from actual,
GST conditions should get calculate on BASE condition, for Non-deductible conditions use standard non-deductible accounting
key “ NVV” or your own accounting key

6) Maintain tax percentage rates

You may maintain the tax percentage rates using transaction code FV11, either based on the proposed access sequence or your
own access sequence.

Pricing procedure configuration for GST

1.Create Condition table

Transaction code: V/05

Create condition table for material

Method1: Country/PlntRegion/TaxCl1Cust/TaxCl.Mat/Region/Ctrl code

Method 2: PlntRegion/Region/TaxCl1Cust/Material

Create condition table for services using transaction code V/05

Method 1: PlntRegion/Region/TaxCl1Cust/Activity

2.Create Access sequence

Transaction code: V/07

This website uses cookies to improve your experience. We hope that you are ok with this, but you can opt-out if you wish.

Accept Read Cookies Policy

https://www.stechies.com/tax-pricing-procedure-configuration-gst/ 4/9
8/22/2019 GST Configuration in SAP FICO

3.Create Condition types

Transaction code: V/06

Create output Central GST condition type

Create output State GST condition type

Create output Integrated GST condition type

4.Create Accounting key

Transaction code: OV34

Create sales accounting key for Central GST, Integrated GST and State GST

This website uses cookies to improve your experience. We hope that you are ok with this, but you can opt-out if you wish.

Accept Read Cookies Policy

https://www.stechies.com/tax-pricing-procedure-configuration-gst/ 5/9
8/22/2019 GST Configuration in SAP FICO

5.Update Pricing procedure – JINFAC

Transaction code: V/08

Note: This is an illustration of GST conditions only, steps may vary from actual, GST conditions should get calculate on BASE

condition

Note: This document is a draft, and provided as a courtesy. This document is not to be considered final, and all information

contained herein is subject to change. As such, this document is not to be quoted, cited in any reference, or used by anyone for
any purpose other than as a draft document.

Advertisement

INCOME TAX
FILING
FROM Rs. 499/-

Best Related Articles

SAP FICO Training Tutorials for Beginners

Foreign Currency Valuation Configuration

This website uses cookies to improve your experience. We hope that you are ok with this, but you can opt-out if you wish.

Accept Read Cookies Policy

https://www.stechies.com/tax-pricing-procedure-configuration-gst/ 6/9
8/22/2019 GST Configuration in SAP FICO

SAP FICO GL Account for Cash Journal

SAP FICO Accounts Receivable Process Cycle

GR/IR Accounting Entries and Journal Entries

SAP FICO Chart of Accounts

This website uses cookies to improve your experience. We hope that you are ok with this, but you can opt-out if you wish.

Accept Read Cookies Policy

https://www.stechies.com/tax-pricing-procedure-configuration-gst/ 7/9
8/22/2019 GST Configuration in SAP FICO

Follow Us

Contact Information

#3940 Sector 23,

Gurgaon, Haryana (India)

Pin :- 122015

contact@stechies.com

Top Tutorials

SAP ABAP Tutorial

SAP HANA Tutorial

SAP SD Tutorial

SAP FICO Tutorial

SAP BASIS Tutorial

Android Tutorial

Python Tutorial

Java Tutorial

Hadoop Tutorial

Photoshop Tutorial

Top Interview Questions

ABAP Interview Questions

BASIS Interview Questions

HANA Interview Questions

SD Interview Questions

FICO Interview Questions

Hibernate Interview Questions

QTP/UFT Interview Questions

Tableau Interview Questions

This website uses cookies to improve your experience. We hope that you are ok with this, but you can opt-out if you wish.
TestNG Interview Questions
Accept Read Cookies Policy

https://www.stechies.com/tax-pricing-procedure-configuration-gst/ 8/9
8/22/2019 GST Configuration in SAP FICO

Hive Interview Questions

Quick Links

Career Guidence Tool

SAP Transaction Codes

Classifieds

Announcements

Recent Articles

Contact Us

About Us

Terms of Use

Privacy Policy

Cookies Policy

All the site contents are Copyright © www.stechies.com and the content authors. All rights reserved. All product names are trademarks of their respective companies. The site

www.stechies.com is in no way affiliated with SAP AG. Every effort is made to ensure the content integrity. Information used on this site is at your own risk. The content on this site may not be
reproduced or redistributed without the express written permission of www.stechies.com or the content authors.

This website uses cookies to improve your experience. We hope that you are ok with this, but you can opt-out if you wish.

Accept Read Cookies Policy

https://www.stechies.com/tax-pricing-procedure-configuration-gst/ 9/9