What is the difference between the tax rate type code and the tax rate characteristics code (in the configuration tab in SAP CCO Financials)?
Kindly share your valuable views here.
Thanks in advance.
The tax rate characteristics code is only relevant when using SAP Business By Design. For SAP By Design you have to enter the tax characteristics code that is maintained in SAP Business By Design configuration.
When using SAP Business One or SAP ECC, you can leave the field blank or maintain the same value as in the tax rate type code.
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