Define Income Types (SAP Library - Financial Accounting Global Settings)

Define Income Types

In this step, you maintain the income types for the withholding tax return in Spain. The income type is a classification of your (foreign) vendors according to income. You need the income type as a specification for the withholding tax return.

Activities

1. Check the list of the income types delivered with the standard system and make corrections, if necessary.

2. Define the income type in the withholding tax code under "Specifications for the withholding tax return". Read the chapter "Maintain tax codes".