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Former Member
Aug 12, 2016 at 09:20 AM

Clarificaion on Self-assessment tax type for country US

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Hello experts

On related search, I found one SCN thread "http://scn.sap.com/thread/364001", but could not find clarification on all the points

Please clarify on below each point-

1.Tax type "Distributed to G/L": In this I understand this combincation is used when all level (state,county and city for e.g.)of tax amounts are to be loaded in inventory/expense GL.

2.Tax type "Expensed": In this I understand the tax anount will hit inventry/ expense GL as debit and will credit to a different GL that is configured in OB40.

3.Tax type "Self-assessment": Please clarify the mapping and use of this

4.Tax type "Accrued": In this, I understand sales related (SD) tax rates are maintained.

thanks in advance