How to use J1I6 - Modvat forecast

SAP Transaction Code - Details

• Transaction Code: J1I6

  Description: Modvat forecast

  Release: S/4HANA and ECC 6

• • Program: J_1IMODF

    Screen: 1000

    Authorization Object: J_1IPLA_FC

  • Development Package: J1I2

    Package Description: India, Phase II

    Parent Package: APPL

  • Module/Component: FI-LOC-LO-IN

    Description: Logistics India

Smart SAP Assistant

• SAP Tcode: J1I6 - Modvat forecast

  
  Overview: 
  The SAP transaction code J1I6 is used to create a forecast of the Modvat (Modified Value Added Tax) for a company. This forecast is used to help the company plan for future Modvat payments. 
  
  Functionality: 
  The J1I6 transaction code allows users to create a forecast of the Modvat payments that will be due in the future. This forecast can be used to plan for future payments and ensure that the company has enough funds available to make the payments when they are due. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code J1I6 in the command field. 
  2. Enter the company code and fiscal year for which you want to create a forecast. 
  3. Enter the period for which you want to create a forecast. 
  4. Enter the Modvat rate that will be used for the forecast. 
  5. Enter any additional information that is required for the forecast. 
  6. Click “Execute” to generate the forecast. 
  7. Review the forecast and make any necessary changes or adjustments. 
  8. Click “Save” to save the forecast. 
  
  Other Recommendations: 
  It is important to review and update your Modvat forecast regularly, as changes in tax rates or other factors can affect your future payments. Additionally, it is important to ensure that you have enough funds available to make your Modvat payments when they are due, as failure to do so can result in penalties or other consequences from the government or other authorities.