If you have to calculate taxes on sales/purchases for bill charges, you must consider the following:

• The company codes for which taxes on sales/purchases are calculated for bill charges must be configured in your system. You can read about this in "Company code and bill of exchange charges statement"

• The master records of the accounts for the bill of exchange charges determine, for which bill of exchange charges taxes on sales/purchases should be calculated. Specify the tax type that is allowed In the Tax category field of the master record. When entering a bill of exchange, a valid tax code must then be entered. If you do not calculate taxes on sales/purchases, you do not need to make an entry in the master record of the G/L accounts.