Regional taxes
This activity code is used to activate the regional taxes functionality.
It is used for customer invoicing, supplier invoicing and A/P-A/R accounting.
Calculation of regional taxes is particularly significant for those countries where state or regional tax rules can vary, such as in the United States of America where rates by jurisdiction exist for every state. This activity code permits the generation of tax rates by region for sales, purchase and A/P-A/R accounting invoices.
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