term code section help what is
Meaning of section code. What is it: withholding tax line items for the purposes of tax reporting.

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Definition section code

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 Soft Constraint:
Help be violated with resulting penalty costs during optimization-based planning in Supply Network Planning (SNP). For example, a specific stock level can be exceeded, but it incurs penalty costs section code definition.
Manual Sales/Purchases Tax Law:
Help The German law that defines tax rates or exemptions for the taxes levied on the sale and purchase of goods or services section code explain.
Manual Staffing:
Help The required capacity that is filled by a resource section code what is.
Manual Service Provider Type:
Help providers. A service provider type is an aggregated group of mulitple class roles. Each implemented service provider has only one service provider type. Each service provider must implement the section code meaning.
Manual SAP Standard Support:
Help package containing 24x7 worldwide message handling, functional enhancements and updates, as well as integrated support for SAP and partner products. It also includes the support platform SAP Solution section code abbreviation.
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