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Revenue Cap in Event-Based Revenue Recognition: Understanding and Troubleshooting

SAP Credit Management

Picture the following scenario in Event-Based Revenue Recognition in SAP S/4HANA Cloud: You set up a time and expense-based customer project with a project-specific price, and you define a certain invoice cap for this project. Let’s look at some examples where you can find the revenue cap in the Event-Based Revenue Recognition apps.

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The Definitive List of 35 Home Business Tax Deductions

Fundera

But while there’s a wealth of information out there about tax deductions for business owners in general, when you run your business out of your home, it can be far more challenging to understand how some of those policies apply. If you or your spouse are 65 years or older, you can deduct expenses that exceed 7.5% Finance Deductions.

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Create Tax Content for Non-Localized Countries/Regions in SAP Cloud Applications Studio – Part 3

SAP Credit Management

Configure Tax Codes Tax Code is the unique combination of Tax Event, Tax Type, and Tax Rate Type codes for a particular country/region, for example, ‘Domestic Sale of Goods in Serbia, VAT charged at Standard Rate’. Tax Event Type Code: Specify the Tax Event Type Code according to your requirements. What’s next ?

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21 Small Business Tax Deductions You Need to Know

Fundera

21 Small Business Tax Deductions. For small business owners, there are few sweeter phrases than “small business tax deductions.” ” After all, everyone wants to save money, and small business tax deductions allow business owners to do just that. What Is a Small Business Tax Deduction? Inventory costs.

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Time as Currency: Purchase Leave Feature in SAP SuccessFactors

SAP Credit Management

Once an employee’s purchase leave request is approved, the system sets up a deduction pay component in the employee’s payroll record. This deduction can be a one-time deduction or spread over a specified period, depending on the organization’s configuration.

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Create Tax Content for Non-Localized Countries/Regions in SAP Cloud Applications Studio

SAP Credit Management

This blog describes how to use the SAP Cloud Applications Studio to configure tax types, tax events and tax codes based on the specific requirements for a particular country/region. You can configure the taxation parameters only for SAP country/region versions. You must manually redo the entire process in the customer system.

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Why Small Business Owners Should Deduct Their Mileage (and How to Do It)

Fundera

Small business owners need all the help they can get when it comes to tax deductions. If you’re like most entrepreneurs, you log every expense all year long as a way to maximize your deductions. But, you may be overlooking an important deduction that you contribute to nearly every day— the miles you drive. You can deduct 54.5