Different Types of Sales Tax Codes in SAP

Tax code in SAP is an object that determines the tax treatment of certain transaction. It also drives the postings generated be the system when the tax code is used. Generally speaking, there are two types of taxes that are relevant to SAP Finance postings: withholding tax and sales tax. This article is about sales […]

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Special cases of tax posting

Dmitry Kaglik

September 7, 2015

SAP

2 Comments

We have discussed recently the details related to types of tax codes and  tax category assignment of the GL account. In that article SAP Expert mentioned that usually you do not post amounts directly to tax accounts. But sometimes you still do. Let’s discuss these cases in details.

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What is Tax Category on General Ledger account?

The General Ledger (GL) account is a very important element of master data in SAP. It has many configuration parameters that control system behaviour when a particular GL account is in use, either during document entry or reporting. One of these configuration elements is the Tax category. Let’s discuss this element in detail. Tax category […]

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10 simple steps to move Tax Codes between SAP clients and systems

Dmitry Kaglik

March 24, 2014

SAP

3 Comments

SAP Expert recently wrote about the mechanism that allows moving configuration objects between clients in the SAP system and between the systems themselves. This mechanism, the Transport System, is used for almost all the objects in SAP. However, there are some exceptions that require “special treatment”. They include Substitutions and Validations, Number ranges, and so […]

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Does SAP always calculate VAT on sales?

Dmitry Kaglik

January 13, 2014

SAP

2 Comments

Taxes are an inevitable part of our life. Like death is. The most common tax in the business world is value added tax (VAT), or sales tax. You have probably read the article that describes the difference between the two. VAT or sales tax should be calculated on every sale the company makes. Even if […]

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