Solution : https://service.sap.com/sap/support/notes/1543271 (SAP Service marketplace login required)
Summary :
This SAP Note addresses the requirement to support VAT reverse charge mechanisms without EU codes for Hungary and additional countries. Key elements involve legal considerations prompting the need for supporting reverse charge tax setups in specific jurisdictions. The recommended solution advises against immediate implementation due to complex changes, suggesting a wait for an upcoming Support Package. Temporary measures include transaction adjustments via SE11, and modifications to the EGRKZ data element to align documentation with VAT processing requirements. The objective is balancing the output and input taxes to zero and ensuring compliance with local tax regulations.
Key words :
vat registration number directly, classify input tax codes, reverse charge entails posting, classify output tax codes, vat registration number, input tax codes, classifying tax codes, call transaction se11, european union code, ec sales list
Related Notes :
| 1398692 | VAT 2010: Technical prerequisites I |
| 911113 | EU indicator '9' not only for acquisition tax |
| 733976 | Transf tax liability in construction industry -Germany §13B |
| 520710 | Spain: Self Invoice for intra EU acquisitions |