Last Updated on August 17, 2022 by admin

Assign Tax Codes for Non-Taxable Transactions

The following tutorial guides you on how to Assign Tax Codes for Non-Taxable Transactions in SAP.

You need to maintain incoming and outgoing tax for each company code that are used to post non taxable transactions to tax related accounts in SAP.

Update as V0 – as 0% Input Tax, A0 – as 0% Output Tax.

You can assign Tax codes for Non Taxable Transactions in SAP by using the navigation method

  • SAP IMG Path :- SAP Reference IMG (F5) > Financial Accounting > Financial Accounting Global Settings > Tax on sales/purchase > Postings > Assign tax codes for non taxable transactions.
  • Transaction Code: – OBCL

Step 1: Enter SAP Transaction Code “SPRO” in the command field

Step 2: Select “SAP Reference IMG”

Step 3: Follow the SAP IMG navigation path and execute “Assign Tax Codes for Non-Taxable Transactions”.

Assign Tax Codes for Non-Taxable Transactions

Step 4: Select the position button and enter your company code

cocd ad06

Step 5: Update  Input tax (V0 – 0% input tax) and output (A0 – 0% Output tax) indicator for non-taxable transactions.

Assign Tax Codes for Non-Taxable Transactions entries

Choose save icon to save the configured data.

Successfully you have assigned tax codes for non-taxable transactions in SAP.

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