Skip to Main Content
SAP S/4HANA Financial Accounting Configuration: Learn Configuration and Development on an S/4 System
book

SAP S/4HANA Financial Accounting Configuration: Learn Configuration and Development on an S/4 System

by Andrew Okungbowa
December 2022
Intermediate to advanced content levelIntermediate to advanced
461 pages
8h 58m
English
Apress
Content preview from SAP S/4HANA Financial Accounting Configuration: Learn Configuration and Development on an S/4 System
© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2023
A. OkungbowaSAP S/4HANA Financial Accounting Configurationhttps://doi.org/10.1007/978-1-4842-8957-0_10

10. Tax on Sales / Purchases

Andrew Okungbowa1  
(1)
New Addington, UK
 

In this chapter, we will learn how tax on sales and purchases are represented in SAP S4 HANA and explore how to define VAT on sales and purchases.

At the end of this chapter, you will be able to:
  • Demonstrate an understanding of what a tax on sale/purchase is.

  • Create a sales/purchase tax code.

  • Specify Tax Category in the GL accounts to which tax will be posted.

  • Identify basic tax codes for sales and purchases.

  • Specify the accounts to which different tax types are posted.

  • Assign tax code to non-taxable ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

SAP Basis Administration Handbook, NetWeaver Edition

SAP Basis Administration Handbook, NetWeaver Edition

Ranjit Mereddy

Publisher Resources

ISBN: 9781484289570Purchase LinkPublisher Website