How to use VY_V131 - Transaction-Relevant Tax Code

SAP Transaction Code - Details

• Transaction Code: VY_V131

  Description: Transaction-Relevant Tax Code

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: ISCDFUN

    Package Description: FS-CD: Collections/Disbursements Functionality

    Parent Package: FS-CD

  • Module/Component: FS-CD

    Description: Collections/Disbursements

Smart SAP Assistant

• SAP Tcode: VY_V131 - Transaction-Relevant Tax Code

  
  Overview:
  The SAP transaction code VY_V131 is used to maintain the transaction-relevant tax codes in the SAP system. This code is used to define the tax codes that are applicable to a particular transaction. It is also used to assign the tax codes to the relevant accounts and to determine the tax rate for each transaction. 
  
  Functionality:
  The VY_V131 transaction code allows users to maintain the tax codes that are applicable to a particular transaction. It also allows users to assign the tax codes to the relevant accounts and to determine the tax rate for each transaction. The code also enables users to view and edit existing tax codes, as well as create new ones. 
  
  Step-by-step How To Use
  1. Enter the VY_V131 transaction code in the command field of the SAP system. 
  2. Select “Maintain Tax Codes” from the menu that appears. 
  3. Select “Create” from the menu that appears. 
  4. Enter the required information for the new tax code, such as name, description, and rate. 
  5. Select “Save” from the menu that appears. 
  6. The new tax code will now be available for use in transactions. 
  
  Other Recommendations:
  It is important to ensure that all of the necessary information is entered correctly when creating a new tax code in order to ensure accuracy in transactions. Additionally, it is important to regularly review existing tax codes and make any necessary changes or updates as needed.