PRODUCT TAX GROUP (AP-MD-PRO) title: product tax group (AP-MD-PRO) (SAP Library - Glossary)
PRODUCT TAX GROUP (AP-MD-PRO) category: Central Part of Product Master (AP-MD-PRO)
PRODUCT TAX GROUP (AP-MD-PRO) explained:
A classification of products according to what rate of tax is charged on them.
For example, the main form of tax on sales in Germany is VAT (value-added tax). Most products are subject to the full rate of VAT; some, such as basic foodstuffs, are taxed at a reduced rate; others are not taxed at all.
There are thus three product tax groups: one for products taxed at the full rate; one for reduced-rate products; and one products that are not taxed.
More terms such as product tax group (AP-MD-PRO) in Dictionary P.
- Manual Packing Proposal With Closed Packing:
- Help Special packaging material: closed packaging for materials that require such packaging product tax group (ap-md-pro) definition.
- Manual Payment Date:
- Help Day on which payment is made or received product tax group (ap-md-pro) explain.
- Manual Plan Category:
- Help classification of benefits plans according to characteristics. This is the highest level of classification for plans. Each plan category is processed differently by the system and is divided into product tax group (ap-md-pro) what is.
- Manual Portfolio Item Staffing:
- Help defining portfolio item resource requirements and managing the resources. Portfolio item staffing includes defining roles, requesting candidates, searching for candidates, and assigning candidates to product tax group (ap-md-pro) meaning.
- Manual Planned Total Duration:
- Help A date type used in business transactions that specifies how long the transaction is planned for product tax group (ap-md-pro) abbreviation.
