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Object documentationBusiness Partner Master Data: Accounting Tab, Tax

 

Use this tab to specify tax information for business partners. To access the tab, choose Start of the navigation path Business Partners Next navigation step Business Partner Master Data Next navigation step Accounting Next navigation step Tax End of the navigation path.

Accounting Tab, Tax Fields
Tax Status

Select a tax status for the business partner:

  • Liable - The business partner's transactions include tax calculations.

  • Exempt - The business partner's transactions do not include tax calculations.

  • EU - The customer's transactions include only tax groups defined as EU. Relevant only for Europe.

  • Acquisition - The vendor's transactions include only tax groups defined as Acquisition/Reverse. Relevant only for Europe.

    Note Note

    The options can vary from one country to another.

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Exempt No.

Specify the number of the exemption certificate.

Note Note

Only relevant for customers whose Tax Status is Exempt.

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Subject to Withholding Tax

Indicates that the vendor is subject to withholding tax.

Note Note

Only available for vendors and if you have selected Withholding Tax on the Tax subtab of the Purchasing or Sales tab in the G/L Account Determination window.

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Note Note

When Subject to Withholding Tax is selected, additional fields appear. Relevant only for some countries.

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Certificate No./(UTR)

Specify the ID number of the withholding tax certificate:

  • For vendors, type the vendor's certificate number

  • For customers, type your company certificate number.
Expiration Date

Specify the date until which the credit card is valid. Up to 5 characters are allowed, use the format MM/YY for the date as shown on the credit card, such as 04/10 for April 2010.
NI Number.

Specify the national insurance number.
WTax Codes Allowed

Opens the WTax Codes Allowed window where you select the withholding tax codes that can be used with the business partner.

Note Note

You can set a default withholding tax code to be selected automatically in all documents created for the business partner.

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Accrual / Cash

For information purposes, select the withholding tax report type.
Type for WTax Rpt

Select the type of report to be generated.

More Information

Business Partner Master Data Accounting Tab, General

G/L Account Determination: Purchase Tab

G/L Account Determination: Sales Tab

WTax Codes Allowed

Tax Exemption Letter