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NEW QUESTION: 1
You can calculate sales tax in SAP Supplier Relationship Management (SAP SRM).
The tax is calculated when you create a shopping cart, enter a purchase order, or enter an invoice or a credit memo.
A. True
B. False
Answer: A
Explanation:
Explanation
Explanation/Reference:
You can use the tax calculation functions in the following applications:
Create Shopping Cart
The system determines a tax indicator. You can change the default tax indicator. You can display the tax amounts per item and as total amount. You can define whether the tax amount is to be taken into account with approval using workflow.
Process Purchase Order
You can change the default tax indicator. The system calculates the tax on the basis of the current data. You can display the tax amounts per item and as total amount.
Enter Invoice
You can change the default tax indicator. Depending on the legal requirements, the system calculates the taxes either per item or as a total amount. In addition, you can enter the taxes manually for each tax code or as a total tax amount.
Enter Credit Memo
You can change the default tax indicator. Depending on the legal requirements, the system calculates the taxes either per item or as a total amount. In addition, you can enter the taxes manually for each tax code or as a total tax amount.
Evaluated Receipt Settlement
Tax is recalculated. You define the tax code in the purchase order.
Tax calculation can occur in the following systems:
* Back-end system: Tax calculation occurs in the financial accounting system
* External tax system
* Customer-specific implementation: Calculation occurs in SAP SRM
* SAP Transaction Tax Engine (TTE)
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Answer: B
NEW QUESTION: 3
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