How to use F.12 - Adv.Retrn for Tax on Sales/Purchases

SAP Transaction Code - Details

• Transaction Code: F.12

  Description: Adv.Retrn for Tax on Sales/Purchases

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: FI2

    Package Description: Documentation FI closing operations

    Parent Package: APPL

  • Module/Component: FI-GL-GL-G

    Description: Closing Operations / Period-End

Smart SAP Assistant

• SAP Tcode: F.12 - Adv.Retrn for Tax on Sales/Purchases

  
  Overview:
  F.12 - Adv.Retrn for Tax on Sales/Purchases is a transaction code in SAP that allows users to manage the advance returns for taxes on sales and purchases. This transaction code is used to record the advance returns for taxes on sales and purchases, as well as to view the details of the advance returns. 
  
  Functionality:
  The F.12 transaction code allows users to manage the advance returns for taxes on sales and purchases. This includes recording the advance returns, viewing the details of the advance returns, and making changes to the advance returns if necessary. The transaction code also allows users to view the status of the advance returns, such as whether they have been approved or rejected. 
  
  Step-by-step How to Use:
  1. Enter the F.12 transaction code in SAP. 
  2. Select the “Advance Returns” tab. 
  3. Select “Create” to create a new advance return for taxes on sales and purchases. 
  4. Enter all relevant information, such as the tax rate, amount, and date of payment. 
  5. Select “Save” to save your changes. 
  6. Select “Display” to view the details of an existing advance return for taxes on sales and purchases. 
  7. Select “Change” to make changes to an existing advance return for taxes on sales and purchases. 
  8. Select “Delete” to delete an existing advance return for taxes on sales and purchases. 
  9. Select “Status” to view the status of an existing advance return for taxes on sales and purchases (e.g., approved or rejected). 
  10. Select “Print” to print out a copy of an existing advance return for taxes on sales and purchases. 
  
  Other Recommendations:
  It is important to note that only authorized users can access this transaction code in SAP, as it contains sensitive information about taxes on sales and purchases. Additionally, it is recommended that users regularly review their advance returns for accuracy and make any necessary changes in a timely manner in order to ensure compliance with tax regulations.