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Extended Withholding Tax

Extended Withholding Tax Configuration and Settings

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Extended Withholding Tax: SAP system provides two procedures for processing withholding tax; the “Standard” and the “Extended” withholding tax. We’ll walk you through on the basic configuration steps of the latter procedure.

Extended Withholding Tax Ssettings

1. First, Check … Read More

Foreign currency

Foreign Currency Valuation in SAP

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Foreign Currency Transactions:

There three types of Exchange rates defined by SAP,

  • Bank Buying Rate Exports Purpose             – G Type
  • Bank Selling Rate Import/Expenditure     –B Type
  • Average Rate MM/SD Users only                 –M Type

Path: SAP⇒SAP Netweaver… Read More

Payroll Configuration

Payroll Configuration Steps for FI

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Payroll Results and Configuration Step by Step

Table V_T52EM
Transaction Code SPRO
Menu Path IMG -> Payroll India -> Reporting for Posting Payroll Results to Accounting -> Activities in the HR System -> Employee Grouping and Symbolic Accounts -> Define … Read More