Ansicht
Dokumentation

RPFIKW_TAXLOCL - Zakat and Other Taxes for Local Companies

General Data in Customer Master   CPI1466 during Backup  
This documentation is copyright by SAP AG.

Purpose

In practice, no income tax is levied on Kuwaiti and Gulf Cooperation Council (GCC) owned and incorporated companies operating in Kuwait. However, depending on the nature of the entity, a Kuwaiti or GCC entity with operations in Kuwait may be subject to local taxes such as Zakat, National Labor Support Tax (NLST), or a levy in the form of a contribution to the Kuwait Foundation for the Advancement of Science (KFAS). You use this report to create the declarations for these local taxes.

Note

This feature is available within this release as a template for reference, but any further functional enhancements or other additionally requested developments as well as new legal requirements will be done on project basis only.
For more information, see SAP Note 2529760.

Integration

Prerequisites

You have made settings in the following Customizing activities:

• You have defined the financial statement version used for this report in Customizing for Financial Accounting, under General Ledger Accounting -> Master Data -> G/L Accounts -> Define Financial Statements Version.

• You have defined the form structure used for this report in Customizing for Financial Accounting, under General Ledger Accounting -> Periodic Processing -> Report -> Statutory Reporting: Kuwait -> Financial Statements -> Define Form Structure for Local Taxes.

• You have specified the Kuwait Stock Exchange information for your company in Customizing for Financial Accounting, under Financial Accounting Global Settings -> Global Parameters for Company Code -> Enter Global Parameters. Specify the following information:

• Enlistment Date

• Entry Number in Stock Exchange

• You have assigned the relevant PDF form to this report in Customizing for Financial Accounting, under General Ledger Accounting -> Periodic Processing -> Report -> Statutory Reporting: Kuwait -> Assign PDF Forms to Reports.

Features

Selection

On the selection screen, you enter the selection parameters for which the report should be run and make the specific report selections that determine the content of the output. Through the External Figurespushbutton at the top of the selection screen you make manual entries for values that are not drawn from the specified financial statements.

In External Figures you select the line number configured for manual entry and input the year, period, amount, and currency. For example:

Line Number	Year	Period	Line Description	Amount	Currency
120	2013	1	Profit from Local Operations	11,000.00	KWD

Note: If you select a form version that is not assigned to this report in the Customizing activity Assign PDF Forms to Reports then the results will be incorrect.

Standard Variants

Output

Select the Output Type as ALV Display to view the results of the report before you print or generate a PDF. In Other Parameters for Output, you use the Form Versionto determine the language of the PDF output.

Activities

To access this report on the SAP Easy Access screen, choose Accounting -> Financial Accounting -> General Ledger -> Information System -> General LedgerReports -> Financial Statement / Cash Flow -> Kuwait -> Zakat and Other Taxes for Local Companies.

Example

SUBST_MERGE_LIST - merge external lists to one complete list with #if... logic for R3up   PERFORM Short Reference  
This documentation is copyright by SAP AG.

Length: 4826 Date: 20240601 Time: 061251     sap01-206 ( 72 ms )