Enter Tax Information for Intracompany Cross-border Part Movements

Explanation

Use this activity to define multiple combinations of tax information, applicable for cross-border part movements done in a company. For example, a company can have two sites in two different EU countries, and taxes should be reported in each country for the parts moved between those two sites.

Depending from which and to what country the parts are to be moved, different tax codes should be defined for each sender and receiver country. If the same taxes are applicable for all the parts moved between a combination of countries, then the wildcard character asterisk (*) can be used as the part number. If different taxes are applicable for different parts moved between a given combination of countries, then part number should be specified along with the country combination.

If the tax information is not defined for a given country and part combination, then taxes will not be reported when executing the intracompany tax reporting process.  

Prerequisites

N/A

System Effects

As a result of this activity it will be possible to generate tax postings and vouchers, when executing the intracompany tax reporting process.