How to use IDTW_VAT - VAT For Taiwan

SAP Transaction Code - Details

• Transaction Code: IDTW_VAT

  Description: VAT For Taiwan

  Release: S/4HANA only

• • Program: RFUMSV00

    Screen: 1000

    Authorization Object:

  • Development Package: ID-FI-CN

    Package Description: Localization (China)

    Parent Package: APPL

  • Module/Component: FI-LOC-FI-CN

    Description: Financials China

Smart SAP Assistant

• SAP Tcode: IDTW_VAT - VAT For Taiwan

  
  Overview:
  IDTW_VAT is an SAP transaction code used to manage the Value Added Tax (VAT) for Taiwan. It is used to calculate the VAT amount for a given transaction and to generate the necessary documents for filing the VAT return. 
  
  Functionality:
  IDTW_VAT allows users to enter the details of a transaction, such as the date, amount, and type of transaction. It then calculates the applicable VAT amount and generates the necessary documents for filing the VAT return. The documents generated include a VAT return form, a tax invoice, and a tax payment voucher. 
  
  Step-by-step How to Use:
  1. Enter the transaction details in the IDTW_VAT screen. 
  2. Click “Calculate” to calculate the applicable VAT amount. 
  3. Click “Generate Documents” to generate the necessary documents for filing the VAT return. 
  4. Print out or save the generated documents for filing purposes. 
  
  Other Recommendations:
  It is important to ensure that all transactions are accurately entered into IDTW_VAT in order to ensure accurate calculation of the applicable VAT amount. Additionally, it is recommended that users keep a copy of all generated documents for their records.