Extended Withholding tax configuration (1)

Com page 29 of 57 wwwsapficoconsultantcom page 30 of

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: e; therefore we do not configure anything here. www.sapficoconsultant.com Page 29 of 57 www.sapficoconsultant.com Page 30 of 57 2 .3 Withholding Tax Base Amount 2.3.1 Define Processing Key for Modified Net Amount IMG à Financial Accounting à Financial Accounting Global Settings à Withholding Taxà Extended Withholding Tax à Calculationà Withholding Tax Base Amount à Define Processing Key for Modified Net Amount Here we define the transaction keys for calculating the modified net amount. Modified - means an extra amount is added to the net amount. This extra amount is determined using one or more transaction keys which we define here. This configuration is not relevant for us. www.sapficoconsultant.com Page 31 of 57 2.3.2 Define Processing Key for Modified Tax Amount IMG à Financial Accounting à Financial Accounting Global Settings à Withholding Taxà Extended Withholding Tax à Calculationà Withholding Tax Base Amount à Define Processing Key for Modified Tax Amount Here we maintain the transaction keys for calculating the tax base amount based on the modified tax amount. This configuration is not relevant for us. www.sapficoconsultant.com Page 32 of 57 2.2.3 Portray Dependencies between Withholding Tax Types IMG à Financial Accounting à Financial Accounting Global Settings à Withholding Taxà Extended Withholding Tax à Calculationà Withholding Tax Base Amount à Portray Dependencies between Withholding Tax Types Here we can represent dependencies between withholding tax categories . Double click www.sapficoconsultant.com Page 33 of 57 We do not want any dependency between the withholding tax types. www.sapficoconsultant.com Page 34 of 57 2.4 Minimum and Maximum Amounts Here we define the minimum and maximum amounts for the withholding tax or for the withholding tax base amount. In withholding tax type Customizing step 2.1.1 we define whether we want to maintain the minimums and maximums at withholding tax type level or at withholding tax code level. At withholding tax type level, the minimums and maximums are chosen independently of the specific withholding tax code of the relevant line item. At withholding tax code level, we can adapt the minimums and maximums independently to meet our individual requirements for each combination of withholding tax type and withholding tax code. 2.4.1 Define Min/Max Amounts for Withholding Tax Types IMG à Financial Accounting à Financial Accounting Global Settings à Withholding Taxà Extended Withholding Tax...
View Full Document

This note was uploaded on 11/07/2012 for the course SCIENCE 102 taught by Professor As during the Spring '12 term at Granite State College.

Ask a homework question - tutors are online