Displaying Taxes in FI: Accounts Receivable in fico

1. Call up the transaction as follows:

Menu Path	Accounting ® Financial Accounting ® Accounts Receivable ® Document ® Display
Transaction Code	FB03

2. Enter the following data:

Field	Data
Document number	Invoice number (invoice #1)

3. Choose .

Invoice #1: Taxable invoice for receivables – state tax only

This invoice was posted using tax code S1, which means the item is taxable. Customer 3000 is linked to tax jurisdiction code IL0011000, which is taxable at the state level only at a rate of 6.25%. The displayed document should be as follows:

	Account	Description
DR	3000	Customer	106.25
CR	800200	Sales revenue (G/L account)	100.00
CR	175001	State sales/purchase tax (G/L account)	6.25

4. Choose .
5. After displaying invoice #1, repeat the transaction for invoices #2 and #3.

Invoice #2: Taxable invoice for receivables – State and city tax

This invoice was also posted using tax code S1. Customer 3330 is linked to tax jurisdiction code PA0011000, which is taxable at the state level at a rate of 6.00%, and at the city level at a rate of 1.00%. The displayed document should be as follows:

	Account	Description
DR	3330	Customer	107.00
CR	800200	Sales revenue (G/L account)	100.00
CR	175001	State sales/purchase tax (G/L account)	6.00
CR	175003	City sales/purchase tax (G/L account)	1.00

Invoice #3: Non-taxable invoice for receivables

This invoice was posted using tax code S0, which means the item is not taxable. The customer's tax jurisdiction code is therefore irrelevant. The displayed document should be as follows:

	Account	Description
DR	3000	Customer	100.00
CR	800200	Sales revenues (G/L account)	100.00

6. Choose until the overview tree appears.