What is tax return level in SAP AP-TTE - CRM Transaction Tax Engine?

SAP Term: tax return level

• Component: AP-TTE

• Component Name: CRM Transaction Tax Engine

• Description: A value used for reporting purposes by external software vendors. A tax return level indicates part of the total tax that is levied and reflects the distribution of the tax payment to the different districts. The sum of all tax return levels that is the tax jurisdiction code is the total tax rate. &EXAMPLE& A sample jurisdiction code might contain 6 levels. Level 1 State: 3% Level 2 County: 1.5% Level 3 City: 1.5% Level 4 Fire District: 1% Level 5 Transportation District: 0.5% Level 6 Law enforcement: 0.5%

Smart SAP Assistant

• Key Concepts: 
  Tax return level is a component of the SAP AP-TTE CRM Transaction Tax Engine. It is used to determine the tax rate applicable to a particular transaction. It is based on the country, state, and other factors associated with the transaction. 
  
  How to use it: 
  The tax return level is used to determine the applicable tax rate for a transaction. It is based on the country, state, and other factors associated with the transaction. The tax return level can be set up in the SAP system by entering the relevant information into the system. 
  
  Tips & Tricks: 
  It is important to ensure that the tax return level is set up correctly in order to ensure that the correct tax rate is applied to each transaction. It is also important to keep track of any changes in the tax rates as they may affect the accuracy of the tax return level. 
  
  Related Information: 
  The SAP AP-TTE CRM Transaction Tax Engine provides additional information about setting up and managing tax return levels. Additionally, there are various online resources available that provide more detailed information about setting up and managing tax return levels in SAP systems.