What are condition types in SAP?

A condition type is a representation in the system of some aspect of your daily pricing activities. For example, you can define a different condition type for each kind of price, discount or surcharge that occurs in your business transactions.

What is condition type in SAP GST?

You define the condition type for a special material discount. This determines how the system calculates prices, discounts and surcharges for a condition. When setting up condition records, you can enter a different calculation type than the one in Customizing.

How do I create a new tax condition in SAP?

Click on “define procedures” and in next screen select tax procedure and double click on control data….Choose “New entries” and update the following fields .

1. Enter step number.
2. Enter condition type key.
3. Enter the from number (tax to be calculate from step#)
4. Select account key( input tax, output tax etc.)

How are tax condition types assigned in SAP?

In sap, each tax authority is created as tax jurisdiction code. Hence in USA, tax percentages are assigned to tax condition types for the combination of tax code and tax jurisdiction code. When a business transaction happens, tax code is supplied and system derives tax jurisdiction code information.

Which is the procedure for SAP mm tax?

SAP MM TAX PROCEDURE. Sandeep Kajal. 20/05/2019 0 0 0. 1. Define condition Table T_code : M/03 & make a combination of country & tax code. 2. GO to Img by t_code ‘SPRO’. 3. Go to path Financial Accounting (New) –> Financial Accounting Global Settings (New) –> Tax on sales/purchases –> Basic settings –> Check calculation procedure.

How to create new condition types in SAP?

After creating new condition types, assign condition to tax procedure. Click on “define procedures” and in next screen select tax procedure and double click on control data. Choose “ New entries ” and update the following fields . Select account key ( input tax, output tax etc.)

When to use transaction MEK1 in SAP mm?

A condition is considered to be master data while calculation schemas, condition types, and access sequences are considered to be customizing. To create new conditions, you should use transaction MEK1 . Here you select the condition type to maintain amounts for that condition.

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