What is admissible posting in SAP (LOD-ET - Excise Tax Solution on SAP Cloud Platform, with S/4 integration)?

SAP Term: admissible posting

• Component: LOD-ET

• Component Name: Excise Tax Solution on SAP Cloud Platform, with S/4 integration

• Description: Excise Tax Solution on SAP Cloud Platform, with S/4 integrat A tax document that can be posted after the close of a taxation period, for example, German beer tax. A posting is admissible during a closed period only after consultation with custom offices.

Smart SAP Assistant

• Key Concepts: 
  Admissible posting is a feature of the LOD-ET Excise Tax Solution on SAP Cloud Platform, with S/4 integration. It allows users to post excise tax transactions to the general ledger in a way that is compliant with local tax regulations. This ensures that all excise taxes are accurately reported and paid on time.
  
  How to use it: 
  To use admissible posting, users must first configure the system to recognize the relevant excise tax transactions. This includes setting up the appropriate tax codes and rates, as well as any other necessary parameters. Once this is done, users can post excise tax transactions to the general ledger in a compliant manner.
  
  Tips & Tricks: 
  When configuring admissible posting, it is important to ensure that all of the necessary parameters are set up correctly. This includes setting up the appropriate tax codes and rates, as well as any other necessary parameters. Additionally, it is important to ensure that all of the relevant excise tax transactions are posted in a timely manner in order to avoid any potential penalties or fines.
  
  Related Information: 
  For more information about admissible posting, please refer to the SAP Help Portal or contact your local SAP representative. Additionally, there are several online resources available that provide detailed information about how to configure and use admissible posting in SAP Cloud Platform with S/4 integration.