tax procedure - TAXINN & TAXINJ
can anyone give me the major diff. between taxinn and taxinj procedure.. .why i company wants to choose taxinn instead of taxinj and same againt taxinj vs. taxinn???...
what's the merits and demerits between each proceudres and how it makes difference???
Taxinj: Is formula based excise determination, which leads to create tax code in FTXP and assignment of tax code to company code. And later on mantain the formulas for each tax calculations in the J1ID transaction.
Taxinn: is the condition based excise determination, wherein you create tax code in FTXP assignment of tax code to company code and then crete the condition records for diffrent condition types in FV11 transaction using diffrent key combination.
The thing is every times the budgets changes you will have to change the formulas which is very time consuming and lots of efforts need to be made for the same. Where as in Taxinn you have to create a new tax code and new condition records no need ot change the old records.. They can be left as they are for reporting purpose.
Hopefully it clears you doubt.