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tax group

Former Member
0 Kudos

dear gurus,

i have done the configuration for taxes, but i have a query now.

In table t001 what is the use of field tax group (umkrs) and how to configure it.

kind regards

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
0 Kudos

hi

The taxes on sales/purchases group specifies a taxable entity consisting of one or more company codes within a client. A single advance report for tax on sales/purchases is made for all the company codes forming this entity.

configure it this way

OBCF DEFINE GROUP

OBC6 ASSIGN TO COMPANY CODES

OBCG AND OBCH YOU CAN SEE THE BALANCES

keep posted

regards

rohit

Former Member
0 Kudos

thanks rohit.

Answers (2)

Answers (2)

Former Member

Thanks a lot.... Rohit,

    My issue is now resolved.

saurabh_khandelwal
Active Participant
0 Kudos

Dear Manpreet,

UMKRS is for Sales/Purchase Tax Group

To configure the same, follow following path

SPRO->FA--> Financial Accounting Global Settings --> Tax on sales/Purchases

you may revert in case you need some more help

Regards

Saurabh

Former Member
0 Kudos

thanks for the reply.

i have done the configuration for taxes. It is working fine.

i want to know about tax groupsin table t001, what is the use and how to configure them.

please help.

kind regards