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Re: [sap-acct] Tax procedure

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Posted by VidhyaDhar (User-friendly SAP FI Consultant)
on May 28 at 3:42 AM 		Mark this reply as helpfulMark as helpful
Hi

You must be aware that every country ( viz. the government in such country)
has taxation procedures to preserve national wealth and welfare. There may
be specific mandates on taxes to be collected, paid etc defined by the
country product / service centrically to maximize national revenue and
thereby improve collective welfare of the public in the said country.

Any business organizations make purchases, sales etc. and therefore, it
makes sense to adopt the tax procedure (input / output tax, other taxes etc)
prescribed by the country to comply with the statutory norms. Tax procedures
are adopted in SAP as prescribed by the country and therefore it makes sense
to use a Tax procedure in SAP.

Regards

VidhyaDhar

On Fri, May 28, 2010 at 8:05 AM, USER_2031302 via sap-acct <
sap-acct@groups.ittoolbox.com> wrote:

> Posted by USER_2031302
> on May 27 at 10:35 PM What is the use of tax procedure in SAP, In
> what way it is relevant in SAP

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VidhyaDhar
SAP Accounting Helper

Posted helpful replies on 5 threads in a group to earn a Bronze Achievement
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