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Reply from VidhyaDhar on Feb 12 at 10:41 PM Hi,
Your understanding is right.
As you are aware, tax codes are statutory and are country-specific.
Therefore, all company codes belonging to a single country use the same tax
codes.
SAP has many pre-defined country-specific tax procedures already defined
generically. But they are, to a certain extent, customizable further in
order to accommodate any new tax codes that may be required / added /
modified by the statutes of the country / countries from time to time.
A country-specific tax procedure pre-defined ( as a variant ) by SAP is
assigned to the country ( you must be aware that SAP has many countries
pre-defined in itself) and this makes it possible for all company codes
belonging to a country share the same tax codes via the tax procedure.
You may also be aware that when you create a company code, you adopt a
country for your company code as a parameter. When you do so, the
country-specific tax procedure assigned to such country also gets attached
to your company code.
In other words, the linkage is as follows:
Country Specific Tax Procedure * (A)* -> assigned to Country *(B)*
* (B)* Country -> *(C)* assigned to your Company code ( while
creating your company code )
Let us try to remember the equation you learnt Algebra in your school .
When *A= B and B= C, *
**
* then A=C* Is it not?
Similarly, the linkage between a tax procedure and your company code
happens via the country.
Regards,
VidhyaDhar
| | | ---------------Original Message---------------
From: Dau Thanh Hai
Sent: Sunday, February 12, 2012 10:22 PM
Subject: Tax Code linkage to Company Code
When you define a tax code(FTXP), maintain reporting country the same as country of your company code. |
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