Saturday 5 October 2013

TAXINN Vs TAXINJ

TAXINN
·         Condition based tax procedure.
·         Tax code is required to be maintained in condition record and if tax code is not found in condition record. Sales cycle will go up to billing but no release to accounting.  Hence even a single tax code may suffice the requirement for different tax rate.
·         FV11 ( Tax condition Record)

TAXINJ
·         Formula based tax procedure.
·         It was used up to initial phase of R/3.
·         Tax codes/ rates  are stored in FTXP and UTXJ
·         Supports both condition based and formula based excise.
·          Tax procedure, pricing condition is relevant for excise tax processing.
·         Specify purchasing and sales condition type

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