SAP Knowledge Base Article - Public

3535583 - Clearing items missing in VAT reports

Symptom

When running VAT reports, VAT claimed from early settlement discount in the receivables allocation module is not appearing tax reporting.

Environment

SAP Business ByDesign

Reproducing the Issue

  1. Go to Tax Management work center.
  2. Go to VAT Returns view.
  3. Search for VAT Return ID: AAA (AAA represents the VAT Return ID).
  4. Can see Customer Discounts for Early Payment Clearing items missing in VAT reports.

Cause

Fine Tuning Activity: "Tax Adjustments for Payment Differences" is not specified for the particular country.

Resolution

Follow below steps to Assign the Deduction Category:

  1. Go to Work Center Business Configuration.
  2. Choose Overview.
  3. Open the Activity Tax Adjustments for Payment Differences.

Please kindly set up for the particular country, and there would be a tax correction entry (e.g. Customer Discounts for Early Payment), which would be considered in the VAT Return. 

Keywords

VAT, early settlement discount, clearing, Tax Adjustments for Payment Differences , KBA , SRD-FIN-TAX , Tax Management , Problem

Product

SAP Business ByDesign all versions