How to use FIES_M347 - Transaction for Modelo-347:Spain

SAP Transaction Code - Details

• Transaction Code: FIES_M347

  Description: Transaction for Modelo-347:Spain

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Financial Accounting > General Ledger > Reporting > Tax Reports > Spain > Form 347: Annual Statement of Transactions with Third Parties

• • Program: RPFIES_M347

    Screen: 1000

    Authorization Object:

  • Development Package: ID-FI-ES

    Package Description: Add-On Development - FI - Spain

    Parent Package: APPL

  • Module/Component: FI-LOC-FI-ES

    Description: Financials Spain

Smart SAP Assistant

• SAP Tcode: FIES_M347 - Transaction for Modelo-347:Spain

  
  Overview:
  FIES_M347 is a transaction code used in SAP systems to generate the Modelo-347 report for Spain. This report is a tax form that must be submitted to the Spanish Tax Agency (Agencia Tributaria) by companies operating in Spain. 
  
  Functionality: 
  The FIES_M347 transaction code allows companies to generate the Modelo-347 report, which is a summary of all the taxes paid by the company during the fiscal year. The report includes information such as the total amount of taxes paid, the type of taxes paid, and the period in which they were paid. The report must be submitted to the Spanish Tax Agency by the end of each fiscal year. 
  
  Step-by-step How to Use: 
  1. Log into your SAP system and enter transaction code FIES_M347. 
  2. Select the fiscal year for which you want to generate the Modelo-347 report. 
  3. Enter the company code for which you want to generate the report. 
  4. Select “Generate Report” to generate the Modelo-347 report for the selected fiscal year and company code. 
  5. Once generated, you can view and print the report from within SAP or save it as a PDF file for submission to the Spanish Tax Agency. 
  
  Other Recommendations: 
  It is important to note that companies must submit their Modelo-347 reports to the Spanish Tax Agency by the end of each fiscal year in order to avoid penalties and fines. Additionally, companies should ensure that all information included in their reports is accurate and up-to-date in order to avoid any discrepancies with the Spanish Tax Agency.