What is 'tax payer' in SAP SRD-FIN-TAX - FIN-Tax Management?

tax payer - Overview

• Component: SRD-FIN-TAX

• Component Name: FIN-Tax Management

• Description: A party that is subject to taxation.

tax payer - Details

• 
  Key Concepts: 
  A tax payer is an individual or organization that is legally obligated to pay taxes to the government. In SAP, a tax payer is a customer or vendor that is subject to taxation. 
  
  How to use it: 
  In SAP, tax payers are identified by their tax number and can be assigned to customers and vendors in the system. This allows the system to calculate the correct taxes for each transaction. The tax payer information can be found in the Tax Management component of the Financial Accounting module. 
  
  Tips & Tricks: 
  When entering a new customer or vendor into the system, make sure to include their tax number so that the system can correctly calculate taxes for each transaction. 
  
  Related Information: 
  For more information on how to use the Tax Management component of SAP, please refer to the official SAP documentation.