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Multiple Jurisdictions

Multiple Jurisdictions

Screen capture of a web page.
Page title - SAP Library - China

Top of the page shows the following icons: Hide, Locate, Back, Forward (grayed out), Home, Font, Print, Options, Help

The page is divided into two section: Left (tabs for contents and search with content being displayed) and Right (Tax Code - Definition).

The contents view contains the following tree: China (Main directory) and sub-directories for Cross-Application Components, Financial Accounting, and Logistics. Financial Accounting is further divided into Currency, Taxes, and General Ledger Accounting. The Taxes sub-directory is open and shows Taxes on Sales and Purch., with Tax Code file and Calculation Procedure sub-directory as a further division. Calculation Procedure shows a plus icon next to it indicating further files but they are not open. General Ledger Accounting is also open and shows two files - Chart of Accounts and Financial Statements.

The right side of the screen, Tax Code, contains the following sections and text: 1. Definition - see Tax Codes, with Tax Codes linked. 2. Use - When you create a company code using the template for China, the system sets up tax codes for the following tax types:

J00% input VAT
J117% input VAT
J213% input VAT
L15% luxury tax
X00% input VAT
X117% input VAT
X213% input VAT

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Updated August 14, 2015