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Former Member

tax classification

hi guys,

what is importance of tax classification?

In sales order at header level>>billing tab>> alt tax classification is available how it differs from item level>>billing tab>>tax classification

regards,

Arun Prasad C R

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3 Answers

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    Former Member
    Aug 20, 2007 at 11:06 AM

    Hi,

    Alt tax class (Customer) on the header billing and tax class(material) is used for tax determination.

    alt tax class is picked up from ship to party and material tax class is picked up from material master record.

    Alt tax class in the header billing tab has precedence over the alt tax class picked from C. master

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    Former Member
    Aug 20, 2007 at 10:57 AM

    Tax classification for customers is valid for each sales area.

    Tax classification for materials is valid at the level of sales organization/distribution channel/plant.

    Both will be useful for taxdetermination

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    Former Member
    Aug 20, 2007 at 11:09 AM
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