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Transaction Code: OIUH_RD07
Description: Ad Valorem Tax Recovery
Release: S/4HANA and ECC 6
Program: SAPLOIUHRD07
Screen: 100
Authorization Object:
Development Package: OIU_H
Package Description:
Parent Package:
Module/Component:
Description:
Overview: The SAP transaction code OIUH_RD07 is used to recover ad valorem taxes from vendors. Ad valorem taxes are taxes based on the value of goods or services, and are typically imposed by local governments. This transaction code allows companies to recover these taxes from vendors, ensuring that they are not overpaying for goods or services. Functionality: The OIUH_RD07 transaction code allows companies to recover ad valorem taxes from vendors. It can be used to calculate the amount of tax to be recovered, and then to post the recovery amount to the vendor’s account. The transaction code also allows companies to view a list of all vendors who have been subject to ad valorem tax recovery. Step-by-step How to Use: 1. Enter the OIUH_RD07 transaction code in the SAP system. 2. Select the vendor whose ad valorem taxes you wish to recover. 3. Enter the amount of tax you wish to recover from the vendor. 4. Post the recovery amount to the vendor’s account. 5. View a list of all vendors who have been subject to ad valorem tax recovery. Other Recommendations: It is important for companies to ensure that they are recovering all applicable ad valorem taxes from vendors in order to avoid overpaying for goods or services. Companies should regularly review their vendors’ accounts and use the OIUH_RD07 transaction code as needed in order to ensure that they are recovering all applicable taxes.