INPUT TAX CORRECTION title: input tax correction (RE) (SAP Library - Glossary)
INPUT TAX CORRECTION category: Real Estate Management (RE)
INPUT TAX CORRECTION explained:
German law
A method used for complying with the German Sales/Purchases Tax Law (§15a (1) UstG). If the decisive factors leading to the original input tax deduction change significantly at a later date, then the input tax must be corrected, provided that trivial amount limits set by law (§44 UstDV) were exceeded.
The input tax is corrected dependent on the change in the option rate. This means that over a time period of up to ten years, the system posts the proportional difference between the actually deducted input tax and the input tax that is really deductible based on the current option rate.
More terms such as input tax correction in Dictionary I.
- Manual Info Parameter:
- Help additional information about a supply chain event management-relevant object from the application system to the Event Manager. The info parameter from the application system is mapped onto the input tax correction definition.
- Manual Information Area (PA-ER):
- Help information about persons that is relevant for Equal Employment Opportunity (EEO) purposes. Information areas can be assigned one or more information structures for EEO-specific information. These input tax correction explain.
- Manual Increase:
- Help fittings characteristic of a rental object that results in a rent increase when used in an adjustment based on a representative list of rents. Surcharges can also be grouped into surcharge categories input tax correction what is.
- Manual Item Interest Calculation:
- Help The interest calculated for the period between the due date and the payment an item input tax correction meaning.
- Manual Interest Rate Swap:
- Help transaction with a term of more than one year, based on different interest rates using the same currency. In the SAP System, the exchange of fixed for variable interest rates, or of variable interest input tax correction abbreviation.
