Create Tax Content for Non-Localized Countries/Regions in SAP Cloud Applications Studio – Part 5

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This blog represents part 5 of the 6-part series ‘Create Tax Content for Non-Localized Countries/Regions in SAP Cloud Applications Studio’.

 

Steps of Configuration

We will understand the various steps of configuration in the following blogs :

Overview

Part 1 :

Configure Tax Types
Configure Tax Calculation Procedure (Optional)

Part 2 :

Configure Tax Event
Configure Accounting Attributes for Tax Events (Optional)

Part 3 :

Configure Tax Codes

Part 4 :

Configure Tax Rate Schedules
Configure Tax Decision Tree

Part 5 (the blog that you are reading now) :

Configure Account Determination Product Tax Event Group
Configure Product Tax Event Type Account Determination Product Tax Event Type Group

Part 6 :

SAP Delivered Standard Tax Calculation Procedures

 

To recap from the preceding blog, we learnt how to configure tax rate schedules and a tax decision tree.

 

The following sections, ‘Configure Account Determination Product Tax Event Group’ and ‘Configure Product Tax Event Type Account Determination Product Tax Event Type Group’ are only relevant if you have a G/L account that is a tax subleger account.

 

If you create a new G/L account for the tax subledger for your chart of account, you can also create an account determination profile for this G/L account and link it to the tax event.

 

Configure Account Determination Product Tax Event Group

You create Account Determination Product Tax Event Group in the SAP Cloud Applications Studio as follows:

 

1. Follow steps 1 and 2 outlined in section ‘Configure Tax Types’ mentioned above and then continue with the below steps.


2. Under Business Configuration Object -> Name, select Account Determination Product Tax Event Group.

 

 

3. Click Next to continue.


4. On the Define the Values of Your Business Configuration Set (2/3) screen, enter the values as follows:

• Group ID: Specify the account determination group ID.


• Description: Enter a description for the account determination group.

 

 

5. To deploy the new BC set, follow steps as outlined in section ‘Configure Tax Types’ mentioned above.

 

Configure Product Tax Event Type Account Determination Product Tax Event Type Group

You create Product Tax Event Type Account Determination Product Tax Event Type Group in the SAP Cloud Applications Studio as follows:

 

1. Follow steps 1 and 2 as outlined in section ‘Configure Tax Types’ mentioned above and then continue with the below steps.


2. Under Business Configuration Object -> Name, select Product Tax Event Type Account Determination Product Tax Event Type Group.

 

 

4. Click Next to continue.


5. On the Define the Values of Your Business Configuration Set (2/3) screen, enter the values as follows:

• Country: Specify the country/region.


• VAT/Sales Tax Event: Specify the tax event type, which you have created as outlined in section ‘Configure Tax Events’ mentioned above.


• Acc Det Grp for Tax Events: Specify the account determination group for product tax event types.

 

 

 

6. To deploy the new BC set, follow steps as outlined in section ‘Configure Tax Types’ mentioned above.

 

What’s next ?

We will have a detailed look and understand the different SAP delivered Standard Tax Calculation Procedures in part 6 of this blog series as mentioned above.