How to use FO08 - Reversal input tax distribution

SAP Transaction Code - Details

• Transaction Code: FO08

  Description: Reversal input tax distribution

  Release: S/4HANA and ECC 6

• • Program: RFVIVST5

    Screen: 0

    Authorization Object:

  • Development Package: FVVI

    Package Description: R/3 appl.dev. for Financial Assets Management: Real estate

    Parent Package: APPL

  • Module/Component: RE

    Description: Real Estate Management

Smart SAP Assistant

• SAP Tcode: FO08 - Reversal input tax distribution

  
  Overview: 
  The SAP transaction code FO08 is used to reverse input tax distribution. This transaction code is used to reverse the input tax distribution that was previously posted in the system. It is used to correct errors in the input tax distribution and to ensure that the correct amount of input tax is posted in the system. 
  
  Functionality: 
  The FO08 transaction code allows users to reverse input tax distributions that have been posted in the system. This transaction code can be used to correct errors in the input tax distribution and to ensure that the correct amount of input tax is posted in the system. The reversal of input tax distributions can be done for both domestic and foreign transactions. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FO08 into the command field. 
  2. Enter the document number of the document that needs to be reversed. 
  3. Enter the fiscal year of the document that needs to be reversed. 
  4. Enter the posting date of the document that needs to be reversed. 
  5. Enter the amount of input tax that needs to be reversed. 
  6. Select “Reverse” from the menu bar and click “Execute”. 
  7. The reversal of input tax distribution will be completed and a confirmation message will appear on screen. 
  
  Other Recommendations: 
  It is important to ensure that all documents are correctly entered into the system before using this transaction code, as incorrect entries may lead to incorrect postings in the system. Additionally, it is important to ensure that all documents are correctly reversed before posting any new documents, as incorrect reversals may lead to incorrect postings in the system.