Tax codes are defined at..?
Answers were Sorted based on User's Feedback
Answer / bhaskar suruvu
Tax codes can be defined at country level not client level
as per my Knowledge
| Is This Answer Correct ? | 30 Yes | 1 No |
Answer / manoj kumar guin
I think tax code is defined at country level only because
every country is having its own tax laws. And for example
CIN is for india .If i am wrong pls correct it .
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / mamidi vijay
Tax Codes are defined at Country Level not at Client Level
because Tax settings are different for country to country
that's why Tax Codes are defined at Country Level.
As Per my knowledge.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / farooq
Tax codes are define at country level not at client level.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / madhu
I think so the phrace DIN means Director Identifiation
Number
| Is This Answer Correct ? | 3 Yes | 3 No |
Answer / rajan verma
Tax Code is define at Country Level as Each country has their own Tax lawa
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / neethu
Define Tax jurisdiction Code.
TC: OBCP
Represents taxing authorities.
Create a tax code, enter its description
DiN : Discount base amount is the net value
Indicator with the effect that the sales tax is not
contained in the base amount for discount calculation.
TxN: Base amount for tax is net of discount?
Indicator that causes the base amount for the calculation
of sales tax to be reduced by the discount share
For Dependencies check the help file. (F1)
Tax Codes represent different tax types, such as sales tax
charged by the company. Commonly used tax codes in the
system are O1 (Output Tax charged by the company), O0
(Output tax exempt), I1 (input tax charged by the company),
I0 (Input tax exempt).
| Is This Answer Correct ? | 1 Yes | 2 No |
Answer / neel sap
Tax Codes are configured at Client level and can be used by
across co codes.
| Is This Answer Correct ? | 7 Yes | 12 No |
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