Hi Shivani,
TAXINJ:
1. It is Formula Based Tax procedure.
2. It was most commonly used upto intial phase of R/3 4.7, but the latter implementations were with TAXINN.
3. Tax Code plays a vital role, as the Tax Rate are maintained in Tax Code.
4. It is complex compared to TAXINN
TAXINN:
1. It is Condition Based Tax procedure.
2. Tax Code is required to be maintained in Condition Record, & if Tax Code is not found in Condition Record, Sales Cycle will go upto billing, but not release to accounting. Hence even a single Tax code may suffice trhe requirement for different Tax rate.
TAXINJ IS FORMULA BASED AND TAXINN IS CONDITION BASED. BEFORE TAXINJ ALL INDUSTRIES WERE USING TAXINJ ONLY BUT AFTER THAT SAP DONE SOME MODIFICATION AND
CAME UP WITH TAXINN WHICH ACTUALLY REDUCED ABAP ROUTINES.
Specifically you will not get Standard pricing procedures in system which you are asking
But If your using CIN there are 4 standard pricing procedures available in SAP.
1) India Depot Sales you can use it for Trading sales
2) Export Sales India You can use it for Export sales
3) India Factory Sales you can use it for in house production
4) India Stock Transfer you can use it for stock transfer
Remember all these Pricing procedures are standard pricing procedures you need to modify it
based on your requirement
Thanks,
Swamy H P
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.