Interested to Buy Any Domain ? << Click Here >> for more details...
How do you configure tax procedure settings and tax codes?
What all steps are involved?
- 3 Answers
- 25654 Views
- I also Faced
- E-Mail Answers
Answer Posted / hannah
Hi,
The steps to configure for Tax Procedure.
OBBG - Assign Country to calculation procedure.
OBCO - Specify structure for Tax Jurisdiction code. For
country like U.S.A.
LG -> character length of first level of hierarchy within
your tax jurisdiction code structure.
LG -> Second level of hierarchy as above.
LG -> Third level of hierarchy as above.
LG -> Fourth level of hierarchy as above.
TX -> Tick if you want the system to determine taxes on a
line by line basis instead of determining them on a
cumulative basis
per tax jurisdiction code.
OBCP - Define Tax Jurisdiction code
Dil -> Tick if you do not want tax amounts included in the
based amount used for calculating cash discounts.
Txl -> Tick if you want the cash discount amount deducted
from the base amount that is used to calculate taxes.
FTXP - Define Taxes on Sales/Purchases Code.
OBCL - Allow Tax codes for non-taxable transactions.
| Is This Answer Correct ? | 5 Yes | 2 No |
Post New Answer View All Answers
How does posting happen in mm (materials management) during special periods?
What is an activity type? For each work center what are different activity types that can be performed? : cost center accounting
Pls send me some tickets and answerw purpose of interview?
Can we change price control from S to V in mid of the year, If we can change what is the process steps we will follow from CO end?
What are price reports? Where do you find them in sap system? : cost center accounting
Is there any additional configuration required for account-based profitability analysis as compared to costing based profitability analysis?
Explain posting of costs to cost centers? : co- cost center accounting
What is the difference between Held, Parked, Recurring and Sample Doc?
How are scrap variances calculated?
What is the main control parameter for settlement?
What is the recommended planning sequence, in co? : co- cost center accounting
What happens in an actual costing run?
What do you mean by operation scrap and how is it maintained in sap?
After creating a customer/vendor, how can we check that under which account group we have configured this customer/vendor?
Q.what type of issues you are getting and tell me some issues in asset acctng,fi-mm,co?
