Difference b/w Taxinn & Taxinj..?
can anybody explain me clearly what is difference between TAINN & TAXINJ..?
How we have to do the configuration for TAXINN & TAXINJ.
Please explain me with some example and step by step.
Please explain me step by step...
Gregory Mathews replied
TAXINN and TAXINJ are standard tax calculation procedures for India.
TAXINJ is the older one and it supports both formula based and condition based tax determination.
But TAXINN is condition based.
Formula based tax determination means we maintain the tax percentages in the tax codes we create in FTXP.
But in condition based tax determination, we maintain the tax percentages in the condition records for the condition types in FV11.
Hope this helps