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RE:[sap-acct] One Tax Code To Support Multiple Tax Rates In Different Countries

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Reply from Nikki Klein on May 15 at 1:49 PM
Hi Atul

In FTXP, you first choose the country code. Then you define the tax code (for example, I1 purchase tax). Then, still in FTXP, you assign the appropriate rate / percentage. So yes, because the combination of code and rate is country-specific, you can use the same code in multiple countries.

However, this also means that you will need to assign the same GL account number to that tax code, for all countries. Can you do this?

Nikki

---------------Original Message---------------
From: sapstudent
Sent: Friday, May 15, 2015 6:58 AM
Subject: One Tax Code To Support Multiple Tax Rates In Different Countries

Hi Team,

Greetings, I need your help regarding tax code set up. The requirement is as under;

1) One tax code to support multiple tax rates in different countries.

The problem I have is I do not know how to start and go through this as all the 28 countries are assignee to different tax procedure.

Please can someone guide me on this?

Thanks in advance

 
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