The tax jurisdiction specifies the different taxing authorities to which you submit payments up to four levels representing State, country, City, and others in your tax jurisdiction structure.
- SAP IMG Path: – SPRO > SAP Reference IMG (F5) > Financial Accounting > Financial Accounting global settings > Tax on sales/Purchase > Basic setting > Specify structure for tax jurisdiction code
- Transaction Code: – OBCO
Update the following fields
- Enter the name of the tax jurisdiction code structure
- Update the description of the tax jurisdiction code structure
- Enter the length of the first level, second level, third level, and fourth level of hierarchy within your tax jurisdiction code structure.
- Set the Tax ln indicator to determine taxes line by line.
Click on the save icon to save the configured data.