Taxes
These processing options specify how the system processes tax information on delinquency fees.
- 1. Generate Fees with Taxes
Specify whether to generate delinquency fees with taxes. Values are:
Blank: Do not generate delinquency fees with taxes.
1: Generate delinquency fees with taxes.
- 2. Tax Explanation Code
Specify the tax explanation code to assign to delinquency fee records (F03B11, doc type RF). If you leave this processing option blank, the system uses the tax explanation code that is assigned to the customer master record in the Customer Master by Line of Business table (F03012).
- 3. Tax Rate/Area
Specify the tax rate and area to assign to delinquency fee records (F03B11, doc type RF). If you leave this processing option blank, the system verifies the alternate tax rate/area assignment setup:
If the functionality is enabled for the company, the system assigns the alternate tax rate/area based on the customer and business unit countries.
If the functionality is disabled for the company, the system uses the tax rate/area configured for the customer master record (F03012).