SAP Note 730466 - Legal requirement: Translate tax base with tax rate

Component : Umsatzsteuer - Invoice Verification

Solution : https://service.sap.com/sap/support/notes/730466 (SAP Service marketplace login required)

Summary :
This SAP Note introduces enhancements specific to financial transactions involving foreign currencies in Hungary, with the possibility for extension to other countries. Key to these enhancements is the automatic determination and application of a legal-specific tax exchange rate, distinct from the document exchange rate, during transactions such as invoice processing in SAP R/3. This adjustment ensures legal compliance by accurately translating tax amounts and the tax base to the Hungarian national currency (HUF) for reporting purposes. Automatic features now include the system's proposal of this tax exchange rate on the tax screen, preventing manual modifications, and the generation of exchange rate difference lines when discrepancies occur between the document and local currencies. Additionally, specific fields for national currency are set to store tax-related values, facilitating compliance with regulations.

Key words :
fi-gl-gl-fselection attribute, processing type normal function module, setting 'manual exchange rate entry, standard implementation takes place, enter development class fbas, exchange rate difference line, enter data type ev00002051, tax ratesample function module, additional business transaction event, choosing function module documentation

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