Hierarchy
EA-FIN (Software Component) EA-FIN⤷
RE-FX (Application Component) Flexible Real Estate Management⤷
RE_CA_CU (Package) RE: Customizing (IMG) and Area Menu
IMG Activity
| ID | REFX_XCOT | Calculation of VAT |
| Transaction Code | S_PRN_53000192 | (empty) |
| Created on | 20061030 | |
| Customizing Attributes | REFX_XCOT | Calculation of VAT |
| Customizing Activity |
Document
| Document Class | SIMG | Hypertext: Object Class - Class to which a document belongs. |
| Document Name | REFX_XCOT |
Use
The functions for calculating VAT for condominium owners' associations (COA) in Austria can be used for the following:
- To determine and post VAT on expenses paid from the maintenance reserves of rental objects belonging to the COA
- To subsequently allocate these amounts to the individual condominium owners
In Austria, the VAT does not fall due when funds are allocated to the maintenance reserve. Instead, the VAT is not due until the reserve is actually used. For calculating the VAT, the system uses the tax rates that are applicable based on the usage of the individual rental objects in the condominium owners' association. (Currently the tax rate for non-commercial usage is 10%; for commercial usage it is 20%.) The calculated VAT is posted and can then be subsequently allocated to the individual condominium owners.
Requirements
You made the following settings in standard Customizing for Flexible Real Estate Management:
- You created an external calculation formula and assigned it to the internal formula BAdI Calculation.
- You set up a contract type for a G/L account contract.
- You defined flow types for it and set up the account determination.
- You created condition types for posting the VAT amount and for the subsequent allocation of VAT (for instance, a VAT condition and a subsequent allocation condition). You assigned the necessary flow types to them.
- You assigned condition types or condition groups to the contract types.
In Customizing for Flexible Real Estate Management, you activated the country-specific functions for Austria (country code AT).
Standard settings
Activities
You make the settings for calculation of VAT in the following IMG activities:
- You enter the tax parameters for the service charge keys relevant for the calculation and posting of VAT.
- You define tax parameters for the relevant condition types for posting the calculated VAT and the subsequent allocation.
- You check the implementation of the enhancement (BAdI) for calculating the condition amounts as well as for posting the VAT.
Example
Business Attributes
| ASAP Roadmap ID | 204 | Establish Functions and Processes |
| Mandatory / Optional | 2 | Optional activity |
| Critical / Non-Critical | 1 | Critical |
| Country-Dependency | E | Invalid for countries specified |
| Customizing Attributes | Country Key | Country Name |
|---|---|---|
| REFX_XCOT | AT | Austria |
Assigned Application Components
| Documentation Object Class | Documentation Object Name | Current line number | Application Component | Application Component Name |
|---|---|---|---|---|
| SIMG | REFX_XCOT | 0 | AEN0000001 | Third Party Management/COA |
Maintenance Objects
| Maintenance object type |
History
| Last changed by/on | SAP | 20070412 |
| SAP Release Created in | 700 |
