What is taxable service point in SAP SRD-SRM - SRM-Supplier Relationship Management?

SAP Term: taxable service point

• Component: SRD-SRM

• Component Name: SRM-Supplier Relationship Management

• Description: The location in which a service is taxable. This can be either the location in which the service is performed, or the location of the service provider's company.

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• Key Concepts: 
  A taxable service point is a location where a service is provided and is subject to taxation. In SAP SRM (Supplier Relationship Management), it is used to identify the location of a service provider and the applicable tax rate for the services provided. 
  
  How to use it: 
  In SAP SRM, taxable service points are used to determine the applicable tax rate for services provided by a supplier. The taxable service point is assigned to the supplier in the supplier master data. This information is then used to calculate the tax rate for services provided by the supplier. 
  
  Tips & Tricks: 
  It is important to ensure that the taxable service point assigned to a supplier is accurate, as this will affect the tax rate applied to services provided by the supplier. 
  
  Related Information: 
  For more information on taxable service points in SAP SRM, please refer to SAP Help documentation.