SECTION CODE title: section code (FI) (SAP Library - Glossary)
SECTION CODE category: Financial Accounting (FI)
SECTION CODE explained:
A system object used in India and South Korea to classify withholding tax line items for the purposes of tax reporting. When a user in these countries posts a withholding tax item, he has to specify which section code he wants to post it under.
In India, the section code tells the system under which TAN the item was posted, and thus which TAN has to declare it in its tax statement.
In South Korea, the section code represents a combination of local tax office and regional tax office. The income tax is payable to the district tax office, and the inhabitant tax is payable, ultimately, to the local tax office.
More terms such as section code in Dictionary S.
- Manual Strategic Characteristic:
- Help organizational units, on which strategic planning is carried out. They are a freely-definable subset of the the attributes of program positions such as business area, company and plant. You specify section code definition.
- Manual Single Unit:
- Help An item that is considered individually. Single units that are subject to inspection are also called units to be inspected section code explain.
- Manual Scale (IS-R):
- Help Schema which determines a particular price, surcharge or discount or another condition depending on values, quantities, volumes, weight or points section code what is.
- Manual Special Tax Region:
- Help Location that is subject to special tax treatment such as excluded territories section code meaning.
- Manual Stock Quantity:
- Help Quantity of the material transferred in the warehouse section code abbreviation.
