Setting Up Tax Constants
Access the Taxes Initial Setup - ARG - 00 form.
- Number Access Tax Groups
Enter a value that exists in the ARG - Item ANAT Allowed Values (76A/B7) UDC table. Examples are:
1: Tax Area
2: Tax Area / Co
3: Tax Area / Co / Business Unit
- Tax on Tax Y/N
Enter a value that exists in the ARG - Item ANAT Allowed Values (76/A3) UDC table to specify whether tax is calculated on the tax amount. Values are:
Blank or N: No tax is calculated on the tax.
Y: Tax is calculated on the tax.
Note:The Tax on Tax functionality is applicable for Invoices in Sales Order Process and Account Receivable. Auto Cash Receipt will not process Tax on Tax.
Select N in the Tax on Tax Y/N field to indicate that the Auto Cash Receipt will not have the tax on tax calculation.
- Validate Tax Letter
Enter a value that exists in the ARG - Item ANAT Allowed Values (76A/A3) UDC table to specify whether the system validates the tax letter. Values are:
Blank or N: No
Y: Yes.