When the tax rate is changed, in the FI side, should a new tax code being

[Former Member]

created or just change the old tax code to the new rate? What is the common approach? I was suggested to use existing code and just change the rate. Is this right?

[former_member234381]

Hello Dylan,

If you are referring to VAT than creat a new tax code with new rates.

You can copy the old tax code and then change the name and rate there.

This is the best practice.

Just be carefull about the transport - tax code tranpsort is tricky. You can get the information in SAP, if you have any problem then let me know i'll forward you the procedure.

Best regards

Moid

[Former Member]

Hi,

you must create a new tax code with the new rate, for the old one you must maintain it because you should have documents posted with it.

hope this helps

regards

[Former Member]

Thank you so much for the quick reply. I have rewarded points. Is there any document that can back me up on this since our FI consultant insists on using the old tax code and I dont' know the implication of this. Thanks!

[Former Member]

send me your id mail, and i will send you useful informations, docs ... if i find. i try to do that this day.

regards.

[Former Member]

Hi , Thank you so much,please email to aw.yang@hotmail.com