What is perception in SAP FI-CA - Contract Accounts Receivable and Payable?

SAP Term: perception

• Component: FI-CA

• Component Name: Contract Accounts Receivable and Payable

• Description: In Argentina, a tax amount levied in addition to the standard tax rate, as an advance payment of tax that would be charged in a subsequent transaction. The tax perception is charged and collected by companies bearing the fiscal type "VAT registered taxpayers" and designated by the tax authorities as perception/collection agents. The tax is not levied on all customers, but, in most cases, on other "VAT registered taxpayers" who are not collection agents themselves. For example, perceptions can be defined for value-added tax VAT or gross income tax.

Smart SAP Assistant

• Key Concepts: 
  Perception is a component of the FI-CA Contract Accounts Receivable and Payable module in SAP. It is used to manage customer and vendor contracts, including the creation of invoices, payments, and other related activities. It also provides a comprehensive view of all contract-related activities, allowing users to easily track and monitor their progress.
  
  How to use it: 
  To use Perception, users must first create a contract in the system. This can be done by entering the necessary information such as customer or vendor details, payment terms, and other relevant information. Once the contract is created, users can then create invoices and payments related to the contract. They can also view all related activities in one place, allowing them to easily track and monitor their progress.
  
  Tips & Tricks: 
  When creating a contract in Perception, it is important to ensure that all relevant information is entered accurately. This will help ensure that all invoices and payments are processed correctly and on time. Additionally, it is important to regularly review contracts to ensure that they are up-to-date and accurate.
  
  Related Information: 
  For more information about Perception, please refer to the SAP Help Portal or contact your local SAP support team. Additionally, there are many online resources available that provide detailed tutorials on how to use Perception.