What is External Tax Calculation in SAP (AP-XCR - CRM Customer Relationship Management)?

SAP Term: External Tax Calculation

• Component: AP-XCR

• Component Name: CRM Customer Relationship Management

• Description: The processing of product tax calculation.

Smart SAP Assistant

• Key Concepts: 
  External Tax Calculation is a component of the SAP Customer Relationship Management (CRM) module. It enables customers to calculate taxes on their purchases from external sources, such as online stores or other vendors. This component helps customers to accurately calculate taxes on their purchases and ensure that they are paying the correct amount. 
  
  How to use it: 
  External Tax Calculation can be used by customers to calculate taxes on their purchases from external sources. The customer will need to enter the purchase information, such as the item purchased, the quantity, and the price. The component will then calculate the applicable taxes based on the customer's location and other factors. 
  
  Tips & Tricks: 
  When using External Tax Calculation, it is important to ensure that all of the purchase information is accurate. This will help to ensure that the correct taxes are calculated and that customers are not overpaying or underpaying for their purchases. Additionally, customers should always double-check their calculations before submitting them to ensure accuracy. 
  
  Related Information: 
  External Tax Calculation is part of SAP's CRM module, which also includes features such as customer segmentation, marketing automation, and analytics. Additionally, SAP offers a range of other tax calculation components, such as Internal Tax Calculation and Global Tax Calculation. These components can be used in conjunction with External Tax Calculation to provide customers with a comprehensive tax calculation solution.