GENERAL EXEMPTION title: general exemption (AP-TTE) (SAP Library - Glossary)
GENERAL EXEMPTION category: Transaction Tax Engine (AP-TTE)
GENERAL EXEMPTION explained:
The freedom from tax obligation that is applicable to transactions of the same type.
Example
A general exemption is available for tax-free acquisition of goods acquired by a company on the Islands, if the goods are purchased from a Spanish vendor. Supplies to NATO organizations are exemptMore terms such as general exemption in Dictionary G.
- Manual General Business Methods:
- Help An umbrella term for the following subcomponents: Account pooling Facility distribution Determination of the free line Collateral distribution general exemption definition.
- Manual Group Share (FI-LC):
- Help weighted investment shares of all immediate parent companies in a specifc investee company, from the subgroup perspective. The investment shares are weighted, starting with the group share of the general exemption explain.
- Manual General Inflation Index:
- Help An index that reflects a general change in prices, and, accordingly, is used to adjust most G/L accounts for inflation. Other accounts may be adjusted using a specific inflation index general exemption what is.
- Manual Global Returnable Asset Identifier:
- Help used to identify returnable transport items. The GRAI code is comprised of a company prefix that is assigned to the manufacturer by the EAN.UCC organization, and a complement, assigned by this general exemption meaning.
- Manual GM RIB Object:
- Help object for the definition of a rule for revenues increasing the budget (RIB rule) in Grants Management (GM), on which revenues are aggregated and to which revenue budget may be assigned. The RIB general exemption abbreviation.
