How to use OBWS - C FI Quellensteuer

SAP Transaction Code - Details

• Transaction Code: OBWS

  Description: C FI Quellensteuer

  Release: S/4HANA and ECC 6

• • Program: SAPMFKM0

    Screen: 1000

    Authorization Object:

  • Development Package: FQST

    Package Description: Infrastructure for withholding tax

    Parent Package: APPL

  • Module/Component: FI-AP-AP-Q

    Description: Withholding Tax (Calculation)

Smart SAP Assistant

• SAP Tcode: OBWS - C FI Quellensteuer

  
  Overview:
  The SAP transaction code OBWS is used to configure the C FI Withholding Tax in the SAP system. This code is used to set up the withholding tax for vendor payments and customer receipts. It is also used to configure the withholding tax rates and other related settings. 
  
  Functionality:
  The OBWS transaction code allows users to configure the C FI Withholding Tax in the SAP system. This includes setting up the withholding tax for vendor payments and customer receipts, as well as configuring the withholding tax rates and other related settings. The C FI Withholding Tax is a feature of the SAP Financial Accounting module that allows users to automatically calculate and deduct taxes from vendor payments and customer receipts. 
  
  Step-by-Step How to Use
  1. Enter transaction code OBWS in the command field. 
  2. Select “Create” from the menu bar. 
  3. Enter the withholding tax code, description, and rate in the appropriate fields. 
  4. Select “Save” to save your changes. 
  5. Select “Activate” to activate your changes. 
  6. Select “Back” to return to the main menu. 
  7. Select “Exit” to exit the transaction code. 
  
  Other Recommendations:
  It is important to note that when configuring the C FI Withholding Tax, users should ensure that all of their settings are correct before activating them in order to avoid any errors or issues with their taxes being calculated incorrectly. Additionally, users should also be aware of any local laws or regulations regarding withholding taxes that may apply in their region or country before configuring their settings in SAP.