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Component: SRD-FIN-TAX
Component Name: FIN-Tax Management
Description: Means to enter tax items manually or to make tax adjustments that the system does not post automatically with business transactions
Key Concepts: Manual tax entry is a feature of SAP's FIN-Tax Management component that allows users to manually enter tax information into the system. This feature is useful for entering taxes that are not automatically calculated by the system, such as taxes on imported goods or taxes that are not part of the standard tax calculation. How to use it: To use manual tax entry, users must first set up the tax codes in the system. This can be done by navigating to the Tax Code Maintenance screen in the FIN-Tax Management component. Once the tax codes have been set up, users can then enter the tax information manually into the system. This can be done by navigating to the Tax Entry screen and entering the relevant information. Tips & Tricks: When entering manual tax information, it is important to double-check all entries to ensure accuracy. Additionally, it is important to keep track of any changes made to the tax codes as these may affect future calculations. Related Information: For more information on manual tax entry in SAP's FIN-Tax Management component, please refer to SAP's official documentation on the topic. Additionally, there are many online resources available that provide detailed instructions on how to use this feature.