How to use FQ0025 - Tax Specifications

SAP Transaction Code - Details

• Transaction Code: FQ0025

  Description: Tax Specifications

  Release: S/4HANA and ECC 6

• • Program: SAPMFKC1

    Screen: 1000

    Authorization Object:

  • Development Package: FKKB

    Package Description: Contract A/R & A/P: Central Objects

    Parent Package: FI-CA

  • Module/Component: FI-CA

    Description: Contract Accounts Receivable and Payable

Smart SAP Assistant

• SAP Tcode: FQ0025 - Tax Specifications

  
  Overview:
  The SAP transaction code FQ0025 is used to maintain tax specifications for a company code. It allows users to define the tax codes and tax rates that will be used for various transactions. This transaction code is part of the Financial Accounting (FI) module. 
  
  Functionality: 
  The FQ0025 transaction code allows users to define the tax codes and tax rates that will be used for various transactions. This includes setting up the tax codes for sales and purchases, as well as setting up the tax rates for each of these transactions. The tax codes and rates can be set up at the company code level, or at the global level. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code FQ0025 in the command field. 
  2. Select the company code for which you want to maintain the tax specifications. 
  3. Select the type of tax you want to set up (e.g., sales or purchase). 
  4. Enter the tax code and rate for each type of transaction. 
  5. Save your changes. 
  
  Other Recommendations: 
  It is important to ensure that all of the tax codes and rates are set up correctly in order to ensure accurate taxation of transactions. It is also important to ensure that all of the necessary taxes are set up in order to comply with local laws and regulations.