What is cross excise duty storage location in SAP IS-OIL-DS-TDP - Tariffs, Duties and Permits?

SAP Term: cross excise duty storage location

• Component: IS-OIL-DS-TDP

• Component Name: Tariffs, Duties and Permits

• Description: A storage location used during the cross-company or cross-border sale of excise-duty-relevant materials to track the following the tax-relevant goods movements: Export goods issue in issuing storage location Import goods receipt in cross excise duty storage location Sale to customer goods issue in cross excise duty storage location

Smart SAP Assistant

• Key Concepts: 
  Cross excise duty storage location is a feature of the IS-OIL-DS-TDP Tariffs, Duties and Permits component of SAP. It allows users to store excise duty information for multiple countries in a single storage location. This helps to reduce the complexity of managing multiple storage locations for different countries.
  
  How to use it: 
  To use the cross excise duty storage location feature, users must first create a storage location in the system. This can be done by entering the relevant information such as country, currency, and tax rate. Once the storage location is created, users can then assign it to multiple countries. This will allow them to store excise duty information for each country in a single storage location.
  
  Tips & Tricks: 
  When creating a cross excise duty storage location, it is important to ensure that all relevant information is entered correctly. This will help to ensure that the correct tax rate is applied when calculating excise duties. Additionally, it is important to keep track of any changes made to the storage location as this could affect the accuracy of the calculations.
  
  Related Information: 
  For more information on how to use the cross excise duty storage location feature in SAP, please refer to the official SAP documentation. Additionally, there are many online resources available which provide detailed tutorials and tips on how to use this feature effectively.