What is nota fiscal tax type in SAP CRM-LOC - Localization?

SAP Term: nota fiscal tax type

• Component: CRM-LOC

• Component Name: Localization

• Description: A system object used to classify each tax item. The nota fiscal tax type describes: What sort of tax the tax is for example, ICMS, IPI, or subsituição tributária Whether the tax is output tax or input tax, whether it is deductible, nondeductible, and so on When a billing clerk prints a nota fiscal using SAP CRM, the system uses the nota fiscal tax types to decide which taxes to print in which boxes. When the nota fiscal is replicated to SAP R/3, the nota fiscal tax types are stored in the nota fiscal document there for the purposes of displaying the document and for statutory reporting purposes.

Smart SAP Assistant

• Key Concepts: 
  Nota Fiscal Tax Type is a component of the SAP CRM-LOC Localization module. It is used to define the tax type for a Nota Fiscal document, which is a Brazilian fiscal document that is used to record the sale of goods and services. The Nota Fiscal Tax Type defines the tax rate that will be applied to the document. 
  
  How to use it: 
  In order to use the Nota Fiscal Tax Type, you must first configure the tax type in the SAP CRM-LOC Localization module. Once configured, you can then assign the tax type to a Nota Fiscal document when creating or editing it. 
  
  Tips & Tricks: 
  It is important to ensure that the correct tax type is assigned to each Nota Fiscal document in order to ensure that the correct tax rate is applied. Additionally, it is important to keep track of any changes made to the tax type configuration in order to ensure that all documents are correctly configured. 
  
  Related Information: 
  For more information on Nota Fiscal Tax Type and how it works, please refer to the SAP CRM-LOC Localization documentation. Additionally, you can find more information on Nota Fiscal documents and their associated tax types on the Brazilian government website.