on 04-02-2008 12:06 PM
HI gurus,
could you tell me exatc difference
TAXINJ:
1. It is Formula Based Tax procedure.
2. It was most commonly used upto intial phase of R/3 4.7, but the latter implementations were with TAXINN.
3. Tax Code plays a vital role, as the Tax Rate are maintained in Tax Code.
4. It is complex compared to TAXINN
TAXINN:
1. It is Condition Based Tax procedure.
2. Tax Code is required to be maintained in Condition Record, & if Tax Code is not found in Condition Record, Sales Cycle will go upto billing, but not release to accounting. Hence even a single Tax code may suffice trhe requirement for different Tax rate.
Regards,
Rajesh Banka
Reward points if helpful
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TAXINJ is formula based TAX Calculation Procedure for INDIA and is the most predominantly used Procedure in India, WHILE TAXINN is condition based TAX Calculation procedure, except for a handful of companies, others haven't opted for TAXINN.
TAXINN minimises the use of ABAP routines.
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