Tuesday, 16 December 2014

Tell me about the Tax Reports in SAP?

SAP comes delivered with country-specific default Tax Reports to meet your tax-reporting requirements. However, it is not uncommon to use third-party software for the same purpose. As a process, it is recommended that the closing operations are completed before running the tax reports. This will ensure that the system makes relevant adjustment entries (between payables and receivables, exchange rate differences, etc.) so that the correct tax amounts are reported.

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