Enter Tax Codes per Tax Class
Explanation
Use this activity to enter and update tax codes per tax class. For each
combination of delivery country, tax liability and valid from date you can enter
a specific tax code. By entering several rows for the same delivery country, but
with different valid from dates, you can apply different tax rates for different
dates. Tax Liability can, in this context, be used to handle specific scenarios,
e.g. where a certain country's tax rate should be levied for a delivery address
in another country.
Prerequisites
This activity requires that a tax class and tax codes exist in the company.
System Effects
As a result of this activity, country specific tax codes can be connected to
sales items (sales parts, charge types, sales objects and report codes).
Window
Tax Codes per Tax
Class
Related Window Descriptions
Tax Codes per Tax Class
Procedure
- Open the
Tax Codes per Tax Class window, or use RMB Tax Codes per Tax
Class from the Tax Classes window.
- Select a
Tax Class.
- In the
table part, create a new record.
- Select a
Delivery Country from the country dropdown list.
- Enter a
Tax Liability or select from List of Values. The tax liability should be
valid for the entered delivery country.
- Enter a
Tax Code or select from List of Values. The Tax Code should be a VAT
type of tax code, i.e. valid tax types are VAT, Calculated VAT and No VAT.
- In the
Valid From field, enter the date from which the entered combination is
valid.
- Save the
changes.