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

  1. Open the Tax Codes per Tax Class window, or use RMB Tax Codes per Tax Class from the Tax Classes window.
  2. Select a Tax Class.
  3. In the table part, create a new record.
  4. Select a Delivery Country from the country dropdown list.
  5. Enter a Tax Liability or select from List of Values. The tax liability should be valid for the entered delivery country.
  6. 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.
  7. In the Valid From field, enter the date from which the entered combination is valid.
  8. Save the changes.