What is 'tax code' in SAP BNS-CON - Concur?

tax code - Overview

• Component: BNS-CON

• Component Name: Concur

• Description: An accounting code applied to the value-added tax.

tax code - Details

• 
  Key Concepts: 
  A tax code is a unique identifier used to classify different types of taxes in SAP Concur Expense. It is used to determine the amount of tax that should be applied to a particular transaction. Tax codes are assigned to each expense item and are used to calculate the total amount of taxes due. 
  
  How to use it: 
  In SAP Concur Expense, tax codes are assigned to each expense item when it is created. The tax code is used to determine the amount of tax that should be applied to the expense item. The total amount of taxes due is then calculated based on the tax code assigned to each expense item. 
  
  Tips & Tricks: 
  When creating an expense item, make sure to select the correct tax code for that item. This will ensure that the correct amount of taxes is applied and that the total amount of taxes due is accurately calculated. 
  
  Related Information: 
  For more information on how to use tax codes in SAP Concur Expense, please refer to the official documentation provided by SAP.