Question from amandasmith1 on Jul 27 at 12:03 AM Hello experts,
I need your suggestion in a scenario. We are in process for fixing cash discounting (prompt pay discounts) logic for tax codes with 100% (These are used with external tax engine): In current scenario prompt pay discounts using tax codes configured as 100% (denotes that the tax amount is being calculated by an external tax engine) are not being posted correctly during the payment process. During the payment posting, SAP is posting half of the calculated discount to the discount account and the other half to the VAT account. The result of this posting is that the VAT is offset by too much. In order to fix this posting today, a back-end journal voucher needs to be manually input to offset the incorrect amount posted to the VAT account and post this amount to the discount account.
If the journal voucher is not completed, the tax reporting will be incorrect, showing a smaller tax liability to the tax authorities than what is legally due.
This affects countries that take discounts on the gross amount of an invoice (includes tax) - as these countries are the only ones that would have VAT offset during the payment process.
Could you advise on how to handle this scenario in SAP?
Regards,
Amy
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