How to Create Tax Condition Types in SAP S4 HANA – OBYZ

How to Create Tax Condition Types in SAP S4 HANA, using T code: OBYZ.

What are Output and Input taxes.

• Output Tax: It is the liability arising from the sale of taxable goods and services, payable to the government.
• Input Tax Credit: It is the tax paid on business purchases, eligible for deduction against output tax liability.

In this blog you can able to understand the creation of Tax Condition Types and we are creating…

Condition Type	Description
OUST	Output State GST
OUCT	Output Central GST
INTS	Input State GST
INTC	Input Central GST

SPRO Path: Reference IMG -> Financial Accounting -> Financial Accounting Global Settings -> Tax on Sales/Purchases -> Basic Settings -> Check Calculation Procedure – Click on Execute.

Double click on “Define Condition Types”.

Click on New Entries.

• OUST – Output State GST

Enter all the required data like Condition type name, Description, Access Sequence Key, Condition class, Calculation type, Condition category etc.

• OUCT – Output Central GST

• INTS – Input State GST

• INTC – Input Central GST

Click on save button.

Customizing request popup will come, select your request and click on continue.

We have successfully created 4 condition types

Explained: How to Create Tax Condition Types in SAP S4 HANA, using T code: OBYZ.

SAP Tax Configuration

• Calculation Procedure of Tax Procedure includes
  • How to Create Access Sequence Keys (OBYZ) in SAP S4 HANA: Click here
  • How to Create Condition Types (OBYZ) in SAP S4 HANA: Click here
  • How to Create Account Keys (OBCN) in SAP S4 HANA: Click here
• How to Create Tax Procedure (OBYZ) in SAP S4 HANA: Click here
• How to Maintain the Tax Procedure at Country Level (OBBG) in SAP S4 HANA: Click here
• How to Create Tax Code (FTXP) in SAP S4 HANA: Click here
• Assign GL Accounts to Account Key (OB40) in SAP S4 HANA: Click here
• How to Maintain Tax code in GL Account in SAP S4 HANA: Click here

SAP FICO Configuration topics:

• SAP Finance Enterprise structure: Click here
• SAP Finance GL Accounting: Click here
• SAP Finance Accounts Payable: Click here
• SAP Finance Accounts Receivable: Click here
• SAP Finance Bank Accounting: Click here
• SAP Finance New Asset Accounting: Click here
• How to Create a Controlling area in SAP: Click here
• SAP Controlling – Cost Element Accounting: Click here
• SAP Controlling – Cost Center Accounting: Click here