{"id":48468,"date":"2022-12-02T07:04:14","date_gmt":"2022-12-02T07:04:14","guid":{"rendered":"https:\/\/targetintegration.com\/?p=48468"},"modified":"2024-03-14T12:18:31","modified_gmt":"2024-03-14T12:18:31","slug":"how-to-create-and-configure-tax-codes-in-sap-business-one","status":"publish","type":"post","link":"https:\/\/targetintegration.com\/en_us\/how-to-create-and-configure-tax-codes-in-sap-business-one\/","title":{"rendered":"How to create and configure tax codes in SAP Business One?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"48468\" class=\"elementor elementor-48468\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8908cbe elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8908cbe\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-015278e\" data-id=\"015278e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9e1d402 elementor-widget elementor-widget-text-editor\" data-id=\"9e1d402\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">It is essential to define tax codes in the ERP software, according to the tax calculated for customers, various services and items . There are a series of steps to configure tax codes in <strong><a href=\"https:\/\/targetintegration.com\/products\/sap\/sap-business-one\/\">SAP Business One<\/a><\/strong>. <\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Tax codes will be different for different countries and the rules changes periodically. SAP Business One, being a reliable software for small and medium businesses globally, conceives tax configurations adaptively.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c72c8e9 elementor-widget elementor-widget-heading\" data-id=\"c72c8e9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Watch Demo: <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-82b2571 elementor-widget elementor-widget-text-editor\" data-id=\"82b2571\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>In this demo video, our SAP consultant explains how tax codes corresponding to various norms and types are calculated and configured in SAP Business One. For example, commonly used tax types in India, SGST and CGST have different definitions and formulas.&nbsp; &nbsp;&nbsp;<\/p>\n<p>Let\u2019s add new formula for CGST to the list of tax codes and configure it to add to the sales order. &nbsp;<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c9f9d1a elementor-widget elementor-widget-video\" data-id=\"c9f9d1a\" data-element_type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/www.youtube.com\\\/watch?v=InGTiSTJNHI&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-35b078f elementor-widget elementor-widget-text-editor\" data-id=\"35b078f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">To create a tax code in SAP B1,<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Home Screen &gt; Administration &gt; Setup&gt; Financials &gt; Tax &gt; Tax codes.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7a91563 elementor-widget elementor-widget-image\" data-id=\"7a91563\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"322\" height=\"505\" src=\"https:\/\/targetintegration.com\/wp-content\/uploads\/\/2022\/12\/image-14.png\" class=\"attachment-large size-large wp-image-48472\" alt=\"SAP Business One Home screen to go to Tax codes from main SAP B1 module\" srcset=\"https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/image-14.png 322w, https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/image-14-191x300.png 191w\" sizes=\"(max-width: 322px) 100vw, 322px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Fig 1. Choosing Tax Code from the SAP Business One Module <\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6e5535d elementor-widget elementor-widget-text-editor\" data-id=\"6e5535d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Let\u2019s create a tax code\u00a0<\/span><\/p><ul><li><span data-contrast=\"auto\">named as &gt; <em>CGST 1<\/em><\/span><em>\u00a0<\/em><\/li><li><span data-contrast=\"auto\">Description as &gt; <em>central good &amp; service tax<\/em><\/span><em>\u00a0<\/em><\/li><\/ul><p><span data-contrast=\"auto\">Then create a new definition in the tax type combination (drop-down menu) &gt; \u2018<\/span><b><span data-contrast=\"auto\">Define new\u2019<\/span><\/b><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ff2434 elementor-widget elementor-widget-image\" data-id=\"5ff2434\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"335\" src=\"https:\/\/targetintegration.com\/wp-content\/uploads\/\/2022\/12\/image-15-768x335.png\" class=\"attachment-medium_large size-medium_large wp-image-48474\" alt=\"Fig2. Tax Code set up in SAP B1: Define New Tax Type Combination\" srcset=\"https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/image-15-768x335.png 768w, https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/image-15-300x131.png 300w, https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/image-15-1024x447.png 1024w, https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/image-15.png 1169w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Fig2. Tax Code set up in SAP B1: Define New Tax Type Combination <\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2349ef4 elementor-widget elementor-widget-image\" data-id=\"2349ef4\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"300\" height=\"175\" src=\"https:\/\/targetintegration.com\/wp-content\/uploads\/\/2022\/12\/SAPFig-3ax-Type-combination-set-up-in-SAP-B1-300x175.png\" class=\"attachment-medium size-medium wp-image-54503\" alt=\"\" srcset=\"https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/SAPFig-3ax-Type-combination-set-up-in-SAP-B1-300x175.png 300w, https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/SAPFig-3ax-Type-combination-set-up-in-SAP-B1-1024x597.png 1024w, https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/SAPFig-3ax-Type-combination-set-up-in-SAP-B1-768x448.png 768w, https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/SAPFig-3ax-Type-combination-set-up-in-SAP-B1.png 1080w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\"><\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a2099ef elementor-widget elementor-widget-text-editor\" data-id=\"a2099ef\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Fill in the relevant (same name) Tax code,<\/span><i><span data-contrast=\"auto\"> CGST1 <\/span><\/i><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Giving a description here same as above,\u00a0<\/span><i><span data-contrast=\"auto\">central goods and services<\/span><\/i><span data-contrast=\"auto\">.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">And then let&#8217;s choose &lt;<\/span><b><span data-contrast=\"auto\"> sys_CGST<\/span><\/b><span data-contrast=\"auto\"> &gt; from the drop-down list of <\/span><b><i><span data-contrast=\"auto\">Tax Type.<\/span><\/i><\/b> <span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d90fefb elementor-widget elementor-widget-image\" data-id=\"d90fefb\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"466\" src=\"https:\/\/targetintegration.com\/wp-content\/uploads\/\/2022\/12\/image-17.png\" class=\"attachment-medium_large size-medium_large wp-image-48476\" alt=\"Fig4. Tax type combination \u2013 choose a predefined tax type.\" srcset=\"https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/image-17.png 637w, https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/image-17-300x219.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Fig4. Tax type combination \u2013 choose a predefined tax type. <\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0c83c8e elementor-widget elementor-widget-image\" data-id=\"0c83c8e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"349\" height=\"261\" src=\"https:\/\/targetintegration.com\/wp-content\/uploads\/\/2022\/12\/image-18.png\" class=\"attachment-medium_large size-medium_large wp-image-48480\" alt=\"Fig 5. Add formula code for tax in SAP Business One\" srcset=\"https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/image-18.png 349w, https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/image-18-300x224.png 300w\" sizes=\"(max-width: 349px) 100vw, 349px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Fig 5. Add formula code for tax in SAP Business One <\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ec57236 elementor-widget elementor-widget-text-editor\" data-id=\"ec57236\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW30578069 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW30578069 BCX0\">Define a formula for the same from the formula code window.<\/span><\/span><span class=\"EOP SCXW30578069 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-399483b elementor-widget elementor-widget-image\" data-id=\"399483b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"485\" height=\"332\" src=\"https:\/\/targetintegration.com\/wp-content\/uploads\/\/2022\/12\/image-19.png\" class=\"attachment-medium_large size-medium_large wp-image-48481\" alt=\"Fig.6. Choose from the List of Tax Formulas \u2013 or add new tax formula\" srcset=\"https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/image-19.png 485w, https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/image-19-300x205.png 300w\" sizes=\"(max-width: 485px) 100vw, 485px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Fig.6. Choose from the List of Tax Formulas \u2013 or add new tax formula <\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6e1422e elementor-widget elementor-widget-text-editor\" data-id=\"6e1422e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW124012703 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW124012703 BCX0\">On <\/span><span class=\"NormalTextRun SCXW124012703 BCX0\">a <\/span><span class=\"NormalTextRun SCXW124012703 BCX0\">separate <\/span><span class=\"NormalTextRun SCXW124012703 BCX0\">window, <\/span><span class=\"NormalTextRun SCXW124012703 BCX0\">define <\/span><span class=\"NormalTextRun SCXW124012703 BCX0\">a new formula<\/span><span class=\"NormalTextRun SCXW124012703 BCX0\"> by clicking<\/span><span class=\"NormalTextRun SCXW124012703 BCX0\"> the<\/span><span class=\"NormalTextRun SCXW124012703 BCX0\"> \u2018<em>New<\/em>\u2019 button. <\/span><\/span><span class=\"EOP SCXW124012703 BCX0\" data-ccp-props=\"{\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-73df288 elementor-widget elementor-widget-image\" data-id=\"73df288\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/targetintegration.com\/wp-content\/uploads\/\/2022\/12\/Blue_and_Yellow_Modern_Success_In_Business_Youtube_Thumbnail-2-768x432.gif\" class=\"attachment-medium_large size-medium_large wp-image-48473\" alt=\"Fig. 7.4. Adding new tax formula in SAP Business One.\" srcset=\"https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/Blue_and_Yellow_Modern_Success_In_Business_Youtube_Thumbnail-2-768x432.gif 768w, https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/Blue_and_Yellow_Modern_Success_In_Business_Youtube_Thumbnail-2-300x169.gif 300w, https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/Blue_and_Yellow_Modern_Success_In_Business_Youtube_Thumbnail-2-1024x576.gif 1024w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Fig. 7.4. Adding new tax formula in SAP Business One. <\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-605f114 elementor-widget elementor-widget-text-editor\" data-id=\"605f114\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Add formulas to the formula space. <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<p><span data-contrast=\"auto\">Enter the tax formula with the pre- selected values from the given rows. <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<p><span data-contrast=\"auto\">Finally click on the \u2018add\u2019 button and close the tab. This will add the new formula to the tax type combination list. <\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">&nbsp;<\/span><\/p>\n<p><br><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-195e589 elementor-widget elementor-widget-heading\" data-id=\"195e589\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Adding the new tax code<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-28ecd7c elementor-widget elementor-widget-text-editor\" data-id=\"28ecd7c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Now let\u2019s go back to the form of Tax Type Combination,\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Choose\u00a0<i><b>CGST1\u00a0<\/b><\/i>added to the drop-down\u00a0 of the previous form (fig.6) and click &#8216;Add&#8217; button.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f0d3194 elementor-widget elementor-widget-image\" data-id=\"f0d3194\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"563\" height=\"344\" src=\"https:\/\/targetintegration.com\/wp-content\/uploads\/\/2022\/12\/image-20.png\" class=\"attachment-medium_large size-medium_large wp-image-48482\" alt=\"Fig. 8. Add newly added tax formula code to tax type combination.\" srcset=\"https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/image-20.png 563w, https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/image-20-300x183.png 300w\" sizes=\"(max-width: 563px) 100vw, 563px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Fig. 8. Add newly added tax formula code to tax type combination. <\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-98b7166 elementor-widget elementor-widget-text-editor\" data-id=\"98b7166\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW203847767 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW203847767 BCX0\">From <\/span><span class=\"NormalTextRun SCXW203847767 BCX0\">the row, choose <\/span><em><strong><span class=\"NormalTextRun SpellingErrorV2Themed SCXW203847767 BCX0\">cgst<\/span><\/strong><\/em><span class=\"NormalTextRun SCXW203847767 BCX0\"> from the list and click on<\/span><span class=\"NormalTextRun SCXW203847767 BCX0\"> the<\/span> <span class=\"NormalTextRun SCXW203847767 BCX0\">\u2018A<\/span><span class=\"NormalTextRun SCXW203847767 BCX0\">dd<\/span><span class=\"NormalTextRun SCXW203847767 BCX0\">\u2019 button<\/span><span class=\"NormalTextRun SCXW203847767 BCX0\">. It will be added like this: <\/span><\/span><span class=\"EOP SCXW203847767 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-407eaff elementor-widget elementor-widget-image\" data-id=\"407eaff\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"383\" src=\"https:\/\/targetintegration.com\/wp-content\/uploads\/\/2022\/12\/image-21-768x383.png\" class=\"attachment-medium_large size-medium_large wp-image-48483\" alt=\"Fig 9. New Tax Type Combination added to Tax Code\" srcset=\"https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/image-21-768x383.png 768w, https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/image-21-300x150.png 300w, https:\/\/targetintegration.com\/wp-content\/uploads\/2022\/12\/image-21.png 874w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Fig 9. New Tax Type Combination added to Tax Code <\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4011e17 elementor-widget elementor-widget-text-editor\" data-id=\"4011e17\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>This is how a tax code is created and used in SAP Business One.\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5400432 elementor-widget elementor-widget-text-editor\" data-id=\"5400432\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2><b><span data-contrast=\"auto\">GST in SAP Business One for India<\/span><\/b><span data-ccp-props=\"{\">\u00a0<\/span><\/h2><p><span data-contrast=\"auto\">SAP software has a holistic approach to handling tax calculations. Incorporating various tax forms globally, SAP Business One is conditioned to use them smoothly.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Tax codes are different for different countries and the rules changes from time to time. <\/span>Commonly used tax types in India, SGST and CGST have particular definitions and formulas. <span data-contrast=\"auto\">SAP Business One, conceives this in the right manner. For more information on GST and tax code configuration in SAP Business One for India, refer <\/span><a href=\"https:\/\/help.sap.com\/docs\/SAP_BUSINESS_ONE\/fe9004e23275471b868395b412ad5f80\/f3f3e9551a49e263e10000000a44538d.html?locale=en-US&amp;version=9.2\"><span data-contrast=\"none\">here<\/span><\/a><span data-contrast=\"auto\">.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-ccp-props=\"{\">\u00a0<\/span><\/p><h2><b><span data-contrast=\"auto\">What makes Target Integration unique among the SAP Business One partners in India?<\/span><\/b><span data-ccp-props=\"{\">\u00a0<\/span><\/h2><p><span data-contrast=\"auto\">We are business digital transformation advocates having partnerships with many ERP (Enterprise Resource Planning) and CRM (Customer Relationship Management) software services. We believe in empowering small businesses with suitable digital technology and methodology.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">If you own a small business looking for suitable &amp; globally compliant ERP software, <a href=\"https:\/\/targetintegration.com\/contact-us\/\"><b>contact us<\/b><\/a> to know about better options from SAP like <strong><a href=\"https:\/\/targetintegration.com\/products\/sap\/sap-business-one\/\">SAP Business One<\/a><\/strong> or <a href=\"https:\/\/targetintegration.com\/products\/sap\/sap-business-bydesign\/\"><strong>ByDesign<\/strong><\/a>. We offer necessary integrations with other technology if your business needs it.<\/span><\/p><p><span data-contrast=\"auto\"> We have offices in Dublin, Ireland (HQ), India (Gurgaon, Bangalore and Chennai), the US and the UK (Birmingham &amp; Oxford). If you are thinking of an affordable SAP B1 Implementation or related integrations, <strong><a href=\"https:\/\/targetintegration.com\/contact-us\/\">contact<\/a> <\/strong>one of our consultants for a <strong><a href=\"https:\/\/targetintegration.com\/products\/sap\/sap-business-one\/\">free SAP Business One demo<\/a><\/strong>. <\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>It is essential to define tax codes in the ERP software, according to the tax calculated for customers, various services&#8230;<\/p>\n","protected":false},"author":5,"featured_media":48491,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[15,1016,1017],"tags":[639,1160,1075,1161],"class_list":["post-48468","post","type-post","status-publish","has-post-thumbnail","hentry","category-erp","category-sap-business-one","category-sap-business-one-erp","tag-sap","tag-sap-b1","tag-sap-business-one","tag-sap-business-one-demo"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Create Tax Codes in SAP Business One India<\/title>\n<meta name=\"description\" content=\"Create tax codes in SAP Business One in India- A short demo on creating a GST tax code using tax type combination for various products\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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