TX01.2 - Tax Tables
Use Tax Tables (TX01.2) to define optional tax tables for tax codes
with a tax type of T (Tax Table Code). Before you can define a tax table,
you must define tax codes using TX01.1 (Tax Code Master). Tax tables are used
if you need to apply more than one tax code to the same transaction (calculate
a tax on another tax). For each tax code, you define an effective date and
decide what the effect will be on the taxable amount for the next tax code
in the table.
**Processing Effect
When the application applies a tax table to a transaction, it uses the
most recent effective date before the transaction date to determine which
tax table to apply.
Tax tables have no tax rates assigned to them. Each member tax code
has its own rate assigned to it. You assign tax rates to tax codes usingTX03.1
(Tax Rate).
| Referenced Files |
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| TXTAXCODE |
- No Description Available. |
| TXTAXRATE |
- No Description Available. |
File created: Thu Jun 09 11:29:37 2016
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