What is having a negative effect on tax in SAP FS-PM - Policy Management?

SAP Term: having a negative effect on tax

• Component: FS-PM

• Component Name: Policy Management

• Description: Causes tax concessions to be lost due to a contract change, for example

Smart SAP Assistant

• Key Concepts: 
  FS-PM Policy Management is a component of SAP software that helps organizations manage their tax policies. It allows users to create, modify, and delete tax policies, as well as view the impact of those policies on their taxes. It also provides a way to track changes in tax laws and regulations.
  
  How to use it: 
  To use FS-PM Policy Management, users must first create a policy. This policy can be based on existing tax laws or regulations, or it can be customized to meet the organization's specific needs. Once the policy is created, users can then modify it as needed. They can also view the impact of the policy on their taxes and track changes in tax laws and regulations.
  
  Tips & Tricks: 
  When creating a policy, it is important to consider how it will affect taxes. It is also important to keep up with changes in tax laws and regulations so that the policy remains up-to-date. Additionally, users should review their policies regularly to ensure they are still meeting their organization's needs.
  
  Related Information: 
  For more information about FS-PM Policy Management, please visit the SAP website at https://www.sap.com/products/fs-pm-policy-management.html. Additionally, there are many resources available online that provide more detailed information about how to use this component of SAP software.