Tax Jurisdiction code at WBS level

[Former Member]

Hello

I need to know the importance of tax jurisdiction code on WBS level. Do we need to maintain this for calculating tax for the charges we post on WBS.

However whenver we post charges thru PO or FI posting, we can include the tax code there itself and hence the total charges hitting WBS will be inclusive of taxes.

Also I understand that while doing product costing we maintain taxes along with costing sheet.

So wat is the relevance of tax field at WBS level ? Do we also need to maintain costing sheet at WBS level for tax calculation ?

Can anyone explain this with a example? You replies will be appreciated.

Thanks

Sarang

[Former Member]

This message was moderated.

[Former Member]

clsd

[Former Member]

Hi Mohanty Babu,

Your question is appropriate.

The tax jurisdiction code is used where the Delivery and subsequent Billing is done with respect to WBS element. This code will match with the FI postings also.

Uddhab