Tax procedure in SRM

[Former Member]

Can someone please let me know how to setup Tax procedure in SRM.we are using SRM Extended classic. Has anyone ever connected to Taxware or Vertex to SRM directly and did the PO tax calculation.

[Former Member · Accepted solution]

Hi Deep

There are few options in SRM for Tax Calculation

1. No Tax calculation in SRM - Nothing will be calculated- neither in SRM nor in ECC

2. Tax calculation in Backend System - Tax calculation occurs via RFC in the backend system in Financial Accounting. If an external system is connected to the backend system (Vertex or Taxware, for example), this is automatically called from the backend system

3. Customer specific implementation - you create your own development for tax calculation

4. Tax calculation via external Tax system connected to SRM..e.g. Vertex for US and Canada

5. Tax callculation via SAP TTE - The Tax Transaction Engine is called via RFC here.

Refer to these notes for more information

Note 327431 - FF718 Tax code and jurisdiction code

Note 657146 - Enhancement for US tax calulation -Functions

Note 881086 - Country-specific tax calculation

Note 1039435 - FAQ - Trigger of tax update

Regards,

Virender Singh

[Former Member · Accepted solution]

Hi Virender,

Thanks for your response. do you know the settings to be maintained if we select the option 4 Tax calculation via external Tax system connected to SRM..e.g. Vertex for US and Canada

Regards

Deepu

[Former Member · Accepted solution]

http://help.sap.com/saphelp_srm50/helpdata/en/f4/8b1d40bb37e569e10000000a155106/frameset.htm