If the necessary configuration settings are in place, the system calculates the taxes on sales/purchases for the bill charges automatically. When entering a bill of exchange you can enter a valid tax code. The system uses this indicator to first calculate and then post the tax amount.

In order to be able to input the tax code, the correct company code must be specified for the bill discount note. In addition you can enter a valid tax code there. This code is defaulted by the system when posting the bill of exchange receivable. It can be overwritten.

The system determines for which bill charges taxes on sales/purchases should be calculated according to the master records of the G/L accounts for the bill charges. If you leave the Tax category field in the master record blank, the system does not calculate taxes on sales/purchases for the bill charges in question. If you do not enter any code the system calculates taxes on sales/purchases. You can enter the following tax codes:

Different bank details are necessary in different countries: In the case of Germany, a domicile bank and a German State Central Bank location must be specified. Several items of bank data are entered in France. These include bank key, bank account, bank name, and bank country. The type of data you can input depends on the screen variant defined for the company code in question.