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Component: CYT
Component Name: Capital Yield Tax
Description: Value of profits that have been made and not yet cleared by losses, which results in them being subject to taxation. The equivalent on the loss side is the loss total.
Key Concepts: Revenue total is a term used in SAP to refer to the total amount of revenue generated by a company. This includes all income from sales, investments, and other sources. The CYT Capital Yield Tax is a tax imposed on the total revenue of a company. How to use it: In SAP, the revenue total is calculated by adding up all income sources and subtracting any expenses. The CYT Capital Yield Tax is then calculated by multiplying the revenue total by the applicable tax rate. Tips & Tricks: It is important to ensure that all income sources are accurately accounted for when calculating the revenue total. This will ensure that the CYT Capital Yield Tax is calculated correctly. Related Information: The CYT Capital Yield Tax is one of many taxes imposed on companies in SAP. Other taxes include Value Added Tax (VAT), Corporate Income Tax (CIT), and Social Security Contributions (SSC).