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 InfoField:
- Help InfoDimension. Each InfoField is part of the key that provides a complete specification of the InfoDimension, or it is an attribute, a further characteristic of the InfoDimension. Together with their input tax correction definition.
- Manual Invoice Posting:
- Help The entry of bills or invoices into the system input tax correction explain.
- Manual ID Mapping Proposal:
- Help A master data object suggested by the system as similar or identical to another master data object input tax correction what is.
- Manual Investment Wages:
- Help investment for the employee to share in the profits of a company. A certain percentage of an employee's wages (for example, with capital formation) is credited additionally to his or her wages input tax correction meaning.
- Manual Instruction Date:
- Help The calendar day when production is scheduled to begin input tax correction abbreviation.
