SAPCIN FI Configuration

8/19/2019 SAPCIN FI Configuration

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Copyright © 2007 Accenture All Rights Reserved.

CIN - FIConsultant Material

Configuration Settings


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TABLE OF CONTENTS

1. CIN IMG Configuration Settings …………………………………………….31.1 Activate Country Version India for Specific Fiscal Years………………..3

1.2 Check and Change Settings for Tax Processing…………………………..31.3 Check Calculation Procedure……………………………………………..5

1.3.1 Access Sequences…………………………………………………. ..5

2.3.2 Define Condition Types…………………………………………… ..61.3.3 Define Procedures………………………………………………… ...7

1.4 Assign Country to Calculation Procedure…………………………………9

1.5 Specify Structure for Tax Jurisdiction Code………………………………9

1.6 Define Tax Jurisdictions…………………………………………………..91.7 Creation of G\L Accounts………………………………………………....10

1.8 Creation of Tax Codes………………………….…………………………111.9 Assignment of Accounts for Automatic Postings………………...……….12 1.10 Assign Tax Code to Company Codes……………………………………13

1.11 Maintain number ranges………………………………………………....14


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1. CIN IMG Configuration Settings for FI:

1.1 Activate Country Version India for Specific Fiscal Years

You specify for which fiscal years you want to activate Country Version India for the

accounting interface using the following navigation menu.

Path: SPRO→Financial Accounting→Financial Accounting Global settings→Tax onsales/Purchases→Basic settings→India→ Activate Country Version India for SpecificFiscal Years

T.Code: J_1IN0002

Maintain data as follows:

Comp. (Component): IND

To year : 2999 Active: Select

1.2 Check and Change Settings for Tax Processing

We make the necessary specifications for posting taxes. You can create the ProcessKey using the below Navigation menu.

Path: SPRO→Financial Accounting→Financial Accounting Global settings→Tax on

sales/Purchases→Basic settings→Check and Change Settings for Tax Processing

Click on New entries


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For doing this you specify under a process key the following indicators:

Tax type

Output tax, input tax, additional taxes, or "not tax-relevant" can be specified as the tax

type.

Posting indicator

Here you specify whether the tax amount is posted separately or distributed toexpense or revenue items.


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1.3 Check Calculation Procedure

Path: SPRO→Financial Accounting→Financial Accounting Global settings→Tax onsales/Purchases→Basic settings→Check Calculation Procedure

When you click on Check Calculation Procedure, you will get the below screen

By double click on each activity in the above screen you will get the screens as follows.

1.3.1 Access Sequences

Access sequence is a search strategy that the system uses to find valid data for aparticular condition type. It determines the sequence in which the system searches fordata. The access sequence consists of one or more accesses. The sequence of theaccesses establishes which condition records have priority over others. The accesses

tell the system where to look first, second, and so on, until it finds a valid conditionrecord.


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1.3.2 Define Condition Types

A condition type is a representation in the system of some aspect of your daily pricingactivities. For example, you can define a different condition type for each kind of price,discount or surcharge that occurs in your business transactions.


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1.3.3 Define Procedures

Calculation procedures containing the necessary specifications for the calculation andposting of taxes on sales/purchases have already been defined in the standard SAPsystem for certain countries. Every calculation procedure groups several tax typestogether into a condition type (for example, output tax or input tax) in the calculationprocedure, and determines calculation rules for it.


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1.4 Assign Country to Calculation Procedure

In this activity you have to assign the calculation procedure to the Country using thebelow navigation menu.

Path: SPRO→Financial Accounting→Financial Accounting Global settings→Tax onsales/Purchases→Basic settings→ Assign Country to Calculation Procedure

You specify which tax procedure you want to use for determining excise duties andsales taxes on input materials in India from below two types.

Condition-based tax procedure TAXINN.

Formula-based tax procedure TAXINJ.

Here we selected TAXINJ


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1.5 Specify Structure for Tax Jurisdiction Code

In this activity, you determine the structure of the tax jurisdiction code. This code isused for calculating taxes. The tax jurisdiction code can be subdivided into a maximumof four levels (for example, state/county/city/district). This way the tax rate is defined

per level and the tax value is calculated individually per level.

For this activity the navigation menu is as below,

Path: SPRO→Financial Accounting→Financial Accounting Global settings→Tax onsales/Purchases→Basic settings→Specify Structure for Tax Jurisdiction Code

1.6 Define Tax Jurisdictions

The tax jurisdiction code consists of up to four parts depending on the tax jurisdictioncode structure for the relevant calculation procedure: the state code, the county code,the city code, and a local code component. The system uses these component parts todetermine the tax rate for each tax authority.

In this activity, you specify the tax jurisdiction code per tax calculation procedure using

below navigation menu.

Path: SPRO→Financial Accounting→Financial Accounting Global settings→Tax onsales/Purchases→Basic settings→Define Tax Jurisdictions


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1.7 Creation of G/L Master Records

The G/L account master records control the posting of accounting transactions to G/Laccounts and the processing of the posting data.

Before you can make postings to a G/L account, you have to create a master recordusing the below navigation menu.

Path: Easy Access→ Accounting→Financial Accounting→General Ledger →MasterRecords→Individual Processing→Centrally


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1.8 Creation of Tax Codes

You have to define a separate tax codes on sales/purchases for each country in whichone of your company codes is located.

Each code contains one or more tax rates for the different tax types.If you have to report tax-exempt or non-taxable sales to the tax authorities, you need todefine a tax rate with the value 0.

Path: SPRO→Financial Accounting→Financial Accounting Global settings→Tax onsales/Purchases→Calculation→Define Tax codes for sales and purchases


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1.9 Assignment of Accounts for Automatic Postings

Path: SPRO→Financial Accounting→Financial Accounting Global settings→Tax onsales/Purchases→Posting→Define Tax Accounts

Transaction/ Event Keys – JI1, JI2, JI3, NAV, VST


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1.10 Assign Tax Code to Company Codes

In this IMG activity, assign the tax code for purchasing documents to the companycodes where it will be used. Only carry out this activity if we use condition-based

excise determination.

Path: SPRO→Logistics-General→Tax on goods movements→India→Basicsettings→Determination of Excise Duty→Condition-Based Excise Determination→Assign Taxcode to Company Codes


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1.11 Maintain Number Ranges

Below are the Objects for number ranges at Excise group and at Series group

At Excise group At Series group

1. j_1irg23a1 1. J_1iexcloc2. j_1irg23a2 2. j_1iexcexp3. j_1iRG1 3. j_1idepinv4. j_1irg23c1 4. j_1i57Fc( 57F Challans)5. j_1irg23c26. j_1ipla27. j_1iintpr28. j_1irg23d9. j_1irg1_t (material level)10. j_1iconpla ( if Consolidated PLA is used )

We can maintain the number ranges for all CIN Number range objects using belownavigation menu.

Path: SPRO→Logistics-General→Tax on goods movements→India→ Tools→Numberranges

Documents

SAPCIN FI Configuration