What is 'tax type' in SAP AP-TTE - CRM Transaction Tax Engine?

tax type - Overview

• Component: AP-TTE

• Component Name: CRM Transaction Tax Engine

• Description: A specific kind of tax such as a MWST - German VAT - that belongs to the tax category SALES.

tax type - Details

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  Key Concepts: 
  Tax type is a component of the SAP Transaction Tax Engine (AP-TTE CRM). It is used to define the type of tax that is applicable to a particular transaction. This includes the rate, the calculation method, and other related information. 
  
  How to use it: 
  The tax type is used to determine the amount of tax that should be applied to a transaction. This is done by specifying the applicable rate and calculation method for each transaction. The tax type can also be used to determine which taxes are applicable in different countries or regions. 
  
  Tips & Tricks: 
  When setting up a new tax type, it is important to ensure that all relevant information is included. This includes the rate, calculation method, and any other relevant information. Additionally, it is important to ensure that the tax type is set up correctly for each country or region in which it will be used. 
  
  Related Information: 
  The SAP Transaction Tax Engine (AP-TTE CRM) provides a comprehensive solution for managing taxes across multiple countries and regions. It allows users to define different tax types and rates for each country or region, as well as providing support for multiple currencies and languages. Additionally, it provides support for various tax calculation methods, such as flat rate or progressive rate.