What is shadow calculation in SAP CYT - Capital Yield Tax?

SAP Term: shadow calculation

• Component: CYT

• Component Name: Capital Yield Tax

• Description: Ficticious tax calculation that is not posted. The calculation reproduces taxation that has been made already outside of .

Smart SAP Assistant

• Key Concepts: 
  Shadow calculation is a feature of the SAP CYT Capital Yield Tax component. It allows users to simulate the effects of changes in tax rates and other parameters on their tax liabilities. This helps them to make informed decisions about their tax strategies. 
  
  How to use it: 
  To use the shadow calculation feature, users must first enter the relevant parameters into the system. This includes the current tax rate, as well as any proposed changes. The system will then calculate the potential impact of these changes on the user’s tax liabilities. 
  
  Tips & Tricks: 
  When using the shadow calculation feature, it is important to remember that it is only a simulation. The actual impact of any changes may differ from what is predicted by the system. Therefore, users should always consult with a qualified tax professional before making any decisions based on the results of a shadow calculation. 
  
  Related Information: 
  The SAP CYT Capital Yield Tax component also includes features such as automatic tax rate updates and support for multiple currencies. For more information about these features, please refer to the official SAP documentation.