How to use FO8DM - Input Tax Distribution Reversal

SAP Transaction Code - Details

• Transaction Code: FO8DM

  Description: Input Tax Distribution Reversal

  Release: S/4HANA and ECC 6

• • Program: RFVIIM00

    Screen: 1000

    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: FO8DM - Input Tax Distribution Reversal

  
  Overview: 
  FO8DM is an SAP transaction code used to reverse the input tax distribution. This transaction code is used to reverse the input tax distribution that was previously posted in the system. 
  
  Functionality: 
  The FO8DM transaction code allows users to reverse the input tax distribution that was previously posted in the system. This transaction code is used to reverse the input tax distribution that was posted in the system and to ensure that the correct amount of taxes are being paid. 
  
  Step-by-step How to Use: 
  1. Enter the FO8DM transaction code in the SAP command field. 
  2. Enter the document number of the document that needs to be reversed. 
  3. Enter the date of the document that needs to be reversed. 
  4. Enter the amount of taxes that need to be reversed. 
  5. Click on “Execute” to reverse the input tax distribution. 
  6. Confirm that the reversal has been successful by checking the status of the document in SAP. 
  
  Other Recommendations: 
  It is important to ensure that all documents are properly reversed before closing out a fiscal year in order to ensure accurate tax payments and reporting. It is also important to double check all documents before reversing them, as any mistakes can lead to incorrect tax payments and reporting.