What is total VAT in SAP IS-SE-CCO - Customer Checkout?

SAP Term: total VAT

• Component: IS-SE-CCO

• Component Name: Customer Checkout

• Description: Total VAT amount VAT on revenue + VAT on fees + VAT on service charges This term is used in reports with detailed information on sales.

Smart SAP Assistant

• Key Concepts: 
  Total VAT is a feature of the IS-SE-CCO Customer Checkout component of SAP software. It is used to calculate the total value added tax (VAT) for a customer’s purchase. This includes both the VAT rate and the amount of VAT due. 
  
  How to use it: 
  To use total VAT, first enter the customer’s purchase information into the IS-SE-CCO Customer Checkout component. This includes the item(s) purchased, the quantity, and the price. Once this information is entered, total VAT will automatically calculate the total VAT due for the customer’s purchase. 
  
  Tips & Tricks: 
  When entering customer purchase information into IS-SE-CCO Customer Checkout, be sure to double check that all information is accurate. This will ensure that total VAT calculates the correct amount of VAT due for each customer’s purchase. 
  
  Related Information: 
  For more information on total VAT and other features of IS-SE-CCO Customer Checkout, please refer to SAP’s official documentation on the component.