InterviewSolution
Saved Bookmarks
InterviewSolution
| 1. |
What Is Tax Code? |
|
Answer» The tax CODE defines how the tax will be calculated and posted in SAP R/3 SYSTEM. Each item on which the tax is APPLICABLE is ALLOCATED to a tax code. The R/3 System reads this tax code for each item and calculates tax for it. This tax and tax code is a part of Purchase order. The tax code defines how the tax will be calculated and posted in SAP R/3 System. Each item on which the tax is applicable is allocated to a tax code. The R/3 System reads this tax code for each item and calculates tax for it. This tax and tax code is a part of Purchase order. |
|