Our company needs to transfer stock from a bonded storage location to a tax paid storage location within the same plant, and we need to calculate and accrue excise tax on these transfers.
I was looking at MB1B mvmt 311 - can this be configured to calculate the tax and then generate an accounting doc? Or can I create a custom mvmt type to do this? If yes, which transaction event key(s) and account modifier(s) should I use in MM account determination? And where do I flag the movment type to calculate tax?
All the threads & notes I am able to find that at first seem helpful pertain only to India or Brazil - we are in California, US. (Sorry for such a detailed MM question; my strength is SD.)
Thanks much for any insight!