Solution : https://service.sap.com/sap/support/notes/1473149 (SAP Service marketplace login required)
Summary :
SAP Note addresses the GST rate change in New Zealand effective from October 1, 2010, from 12.5% to 15%. It highlights necessary adjustments in SAP system configurations, tax code settings, and master data to accommodate this change. Businesses will have to implement new tax codes by copying existing ones and updating percentage values. This change does not affect the nature of goods and services subjected to GST, only the rate. Transitional guidelines and custom reports for transactions straddling the change date are advised to be in place. For detailed steps on system adjustments, refer to generic note 117983 and other mentioned SAP Notes.
Key words :
materials management >> logistics invoice verification >> incoming invoice >> maintain default values, tax codes >> financial accounting global settings, real estate - default tax codes, invoice verification - change, choose 'conditions - taxes - create, trip expense types reflects, note 119570human resources - sap, crm - crm billing engine, sd tax condition records, default values
Related Notes :
| 1062756 | New Zealand GST and IRD Numbers Increasing to 9 Digits |
| 971600 | No entries for New Zealand in table TFKTAXNUM |
| 924327 | New VAT tax rate for Germany starting from 2007 |
| 919061 | No entries for Canada in table TFKTAXNUMTYPE |
| 728413 | New EU members as of May 2004: TTE Settings |
| 608953 | Tips and tricks for installing the TTE |
| 576748 | Configuration of tax exemptions and tax rates |
| 119570 | Change to sales tax - procedure in FI-TV |
| 117983 | Change of tax on sales/purchases (w/o tax jur.code) |
| 97144 | Change tax rate for MM-PUR: Purchasing documents |
| 96389 | Chng cntrl rcrd for MM-PUR: purchasing info record |
| 94364 | Changing tax rate for IS-RE: Rental agreemt and Customizing |
| 93406 | Change tax rate for IS-RE: management contract |
| 87860 | Consignment: determining tax code as of 4.0 |
| 38982 | Consignment: Assign tax code |