Use this function to define the G/L accounts to which VAT payments are to be posted for each company.
Tax accounts for
This group contains characteristics of a company's tax accounts for sales tax and input tax. It contains information on the accounting and management of VAT items.
| Property | Description |
| Society | Selection of the company for which the allocation is valid. |
| Tax rate [%] | Enter the VAT rate to be applied to postings to the G/L account caused by operating costs of the selected operating cost type. |
Input tax account
This group includes characteristics that relate to a company's input tax accounts. It contains information on the accounting and management of input tax as part of VAT accounting.
| Property | Description |
| Input tax | Selection of the G/L account to which the input tax payments for the company are to be posted. |
| Input tax code | Specification of an input tax code. |
Sales tax account
This feature set contains information on a company's VAT and input tax accounts. It includes data on the tax recording and settlement of VAT as part of financial accounting.
| Property | Description |
| Value added tax | Selection of the G/L account to which the VAT payments for the company are to be posted. |
| Sales tax code | Specification of a sales tax code. |
Input tax quotation accounts
This characteristic group contains information on the input tax allocation of G/L accounts. It provides information on how input tax amounts are allocated to accounts partially entitled to input tax deduction.
Background check of G/L accounts and company
This function checks in the background that only the G/L accounts assigned to the selected
that are assigned to the selected company are available.
