Tax Liabilities

[To Define Financials Basics]

Usage

Use this window to define your own country-specific tax liability types, which are used for reporting, invoice document printing etc. Two of the tax liability types are system-defined, you can define others. When you define a new tax liability type, you can specify it as taxable, exempt, or a surcharge VAT attribute, which controls the calculation and reporting of taxes. You cannot edit or delete a tax liability type if it is referenced in any other place in the system. 

Activity Diagrams

Set Up Basic Data Enterprise

Activities

Define Tax Liability