Tax Jurisdict.Code d
In customer Master....in billing tab we have a taxes tab in that v r maintaing 4 Tax Jurisdict.Code .....my doubt is how system will take these tax clasifications...n wr is this functionalities will useful....
Plzz give me iwth example(If possible)
Thanks in advance
venkata siva prasad replied
The tax classification of customer( Eg 4) is used in the condition record to fetch your tax condition types. In your condition record, for tax juridiction you will assign some tax code- this tax code is linked to tax procedure to bring all the tax condition values into the sales.
check out these transaction: VK12(condition record for tax jurisdiction). FTXP tax code. The rest you will understand automatically. Tax jurisdiction brings all tax condition types( Excise and Sales tax if it is maintained for that tax code)