How to use FQZ28 - FI-CA: Alt.tax acct. for IVA

SAP Transaction Code - Details

• Transaction Code: FQZ28

  Description: FI-CA: Alt.tax acct. for IVA

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: FKKB

    Package Description: Contract A/R & A/P: Central Objects

    Parent Package: FI-CA

  • Module/Component: FI-CA

    Description: Contract Accounts Receivable and Payable

Smart SAP Assistant

• SAP Tcode: FQZ28 - FI-CA: Alt.tax acct. for IVA

  
  Overview: 
  FQZ28 is a SAP transaction code used in the Financial Accounting (FI) module of the SAP system. It is used to set up an alternative tax account for value-added tax (IVA) in the FI-CA module. 
  
  Functionality: 
  The FQZ28 transaction code allows users to set up an alternative tax account for IVA in the FI-CA module. This is useful for companies that need to track and report on their IVA transactions separately from their other taxes. The alternative tax account can be used to track and report on IVA transactions, as well as to generate reports for tax authorities. 
  
  Step-by-step How to Use: 
  1. Enter the FQZ28 transaction code into the SAP system. 
  2. Enter the company code and fiscal year for which you want to set up an alternative tax account for IVA. 
  3. Enter the alternative tax account number and description. 
  4. Enter the tax rate and other relevant information. 
  5. Save your changes and exit the transaction code. 
  
  Other Recommendations: 
  It is important to ensure that all relevant information is entered correctly when setting up an alternative tax account for IVA using the FQZ28 transaction code. Additionally, it is recommended that users regularly review their alternative tax accounts to ensure accuracy and compliance with local regulations.