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Assign Country to Calculation Procedure | OBBG

FICO - Assign Country to Calculation Procedure

In this transaction you are able to assign country to a tax calculation procedure. There are countries as US for which few tax procedure exists and you have to consider which one suits best your needs. Also there are cases in which you could have to use a custom tax procedure which you have to assign here.

Transaction: OBBG

IMG Path: Financial Accounting (New) -> Financial Accounting Global Settings (New) -> Tax on Sales/Purchases -> Basic Settings -> Assign Country to Calculation Procedure

Table: T005, T005T

 

When you open the transaction, you have to find the country for which you want to assign or change tax procedure.

About Emiliyan Tanev

Hello, My name is Emiliyan Tanev. I am SAP BPC Certified Application Associate with a good process understanding of FICO. I am also an experienced accountant and financial controller with 5+ years of diversified responsibilities. I am also a member of Management Accounting Body in the UK - CIMA and CGMA in the US. I love IT and Finance which impacted my career orientation towards SAP FICO and BPC. Follow me and get the latest tips, tricks, tutorials and career guides related to SAP BPC. More about me on My Story.

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2 comments

  1. Hello, do you have experience with changing of assignment of Calculation procedure to Country in already working environment? Government prepares major tax change and we think about creating completely new Calculation procedure.
    Thank you for reply

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