What is partial tax amount in SAP IS-R - SAP for Retail?

SAP Term: partial tax amount

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail Amount which is to be declared to the tax authorities and posted as input tax, output tax, withholding tax etc. This amount is subdivided into partial amounts, according to tax rates. Example: An invoice contains different materials with tax rates of 7% and 15%.

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• Key Concepts: 
  Partial tax amount is a feature of the IS-R SAP for Retail module. It allows retailers to calculate and store the partial tax amount for each item in a sales document. This feature is useful for retailers who need to track the taxes paid on each item in a sale. 
  
  How to use it: 
  To use the partial tax amount feature, retailers must first set up the tax codes in their system. Once the tax codes are set up, retailers can enter the partial tax amount for each item in a sales document. The system will then calculate and store the total tax amount for the entire document. 
  
  Tips & Tricks: 
  When setting up the tax codes, make sure to enter the correct rate for each code. This will ensure that the correct amount of taxes is calculated and stored for each item in a sales document. 
  
  Related Information: 
  The partial tax amount feature is part of the IS-R SAP for Retail module. For more information about this module, please refer to SAP's official documentation.