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Object documentation Tax Code Locate the document in its SAP Library structure

Definition

See Structure linkTax Codes.

Use

When you create a company code using the template for the United Kingdom, the system sets up sample tax codes for the calculation procedure TAXGB.

Activities

Review the tax codes provided and amend (or extend) the list based on your normal business transactions. To create your own tax codes, in Customizing for Financial Accounting, choose Financial Accounting Global Settings ® Tax on Sales/Purchases ® Calculation ®Define Tax Codes for Sales and Purchases.

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