Tax Group Table
Specifies tax groups. A tax group represents a group of inventory items or resources that are subject to identical tax terms.
Examples of typical tax groups are food items, medicine and medical supplies, automobile fuel, and alcoholic beverages. These groups are usually determined by criteria set up by various tax authorities.
List of Fields in the Table
To see the list of fields in this table, change to the Classic view. Choose the Choose View button in the upper-right corner, and then choose Classic.
| Field | Location |
|---|---|
| VAT Applicable Field, Tax Group Table | Income Tax |
| Works Contract Field, Tax Group Table | India Local Functionality |
| Code Field, Tax Group Table | General Ledger |
| Description Field, Tax Group Table | General Ledger |