tax number

[Former Member]

Hello Gurus,

what is tax number ? where does it use ?

thanks very much!

[former_member183879 · Accepted solution]

A tax number or the VAT number is the number created for each organisation by the tax authorities of that country.

All the tax payments and tax credits will be done only in that number by the organisation. This is similar to our normal bank account for depositing our money.

In the system, every company should have a VAT number created in the system. The tax amount to be paid should be mapped to this account by the FI consultant.

It is entered in SPRO in the following path

SPRO-FIFINANCIAL ACCOUNTING GLOBAL SETTINGSGLOBAL PARAMETERS FOR COMPANY CODE-TAX-VAT REGISTRATION NUMBERS-

1. DEFINE DOMESTIC VAT REGISTRATION NUMBER

2. DEFINE FOREIGN VAT REGISTRATION NUMBER

Hope this helps.

Reward if this helps.

[Former Member]

Tax number is the VAT registration number of the customer and is indicated in customer master record.

You must have valid tax determination rules defined for every country with which you do business.

So criteria for Tax determination is

- Departure country (country of delivering plant)

- Destination country ( Country of ship to party)

- Customer Tax classification (for businesses in EU basing on Tax number)

- Material tax classification (access with departure country)

You have to do Tax registration number determination in sales and billing documents at IMG -> BF -> Taxes ->Maintain sales tax - identification number determination

Additional information for customizing

You can assign a rule (blank, A, B) at the sales organization level to determine the sales tax identification number in the order and billing document (the tax classification determination is linked to this)

For the status BLANK, the standard priority rules are as follows:

1. If PY has a sales tax ID and a different SP

The tax number and tax classification are taken from PY (the SH is then no longer relevant).

The tax number is determined according to the 'tax destination country'.

2. If 1. does not apply:

If the SH has a sales tax ID or the SP has NO sales tax ID, the tax number and tax classification are taken from the SH.

3. If 2. does not apply:

Tax number and tax classification are transferred from the sold-to party.

With status 'A', the tax number and tax classification are generally transferred from the sold-to party. The tax number is transferred according to the 'tax destination country'.

With status 'B': Data is transferred from the payer in the same way as rule A.

[Lakshmipathi]

Dear bo zhang

A number assigned by the tax authorities to every person and corporation. The tax numbers are used for reporting to the tax authorities.

You maintain your own company codes' tax numbers in Customizing for Financial Accounting, under Financial Accounting Global Settings --> Company Code --> Enter Global Parameters. Choose Additional details in your company code and enter the NIT tax number in the appropriate field.

thanks

G. Lakshmipathi

[Former Member]

Hi,

This tax number is used when reporting data associated with the business. For example, reference this number when submitting information, such as the location, employment, and industry of company branches, to environmental authorities.

In the case of Taiwan, A tax number that the tax authorities, assign to each sales office.It serves as an identification number for corporate income tax and is required for VAT reporting.

Prase