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Tax Configuration | PDF
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Tax Configuration

This document outlines 7 steps for configuring taxes in a system: 1) define tax configuration, 2) provide calculation procedure details, 3) create customer and material tax classifications, 4) define tax codes, 5) maintain condition records for value-added tax, 6) update customer master records, and 7) create a sales order and update material master records.

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550 views12 pages

Tax Configuration

This document outlines 7 steps for configuring taxes in a system: 1) define tax configuration, 2) provide calculation procedure details, 3) create customer and material tax classifications, 4) define tax codes, 5) maintain condition records for value-added tax, 6) update customer master records, and 7) create a sales order and update material master records.

Uploaded by

soodipto
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Tax Configuration Step 1

Step 2

Details of the Calculation Procedure

Details

Step 3 Create Customer & Material Tax classifications

Customer Taxes

Material Taxes

Step 4 Define Tax Code

Define similarly for Full tax , Qtr. Tax Step 5 Maintain Condition Records through VK11 for condition Type as MWST

Step 6: Update the Customer Master Records

Update the Material Master Record

Step 7: Create Sales Order CREDIT MANAGMENT

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