KW_FSK2 - Define FSK for Local Taxes

SAP Transaction Code - Details

• Transaction Code: KW_FSK2

  Description: Define FSK for Local Taxes

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: GLO_FIN_FI_KW

    Package Description: FI Localization for Private Kuwait

    Parent Package: GLO_FIN_FI

  • Module/Component: FI-LOC-FI-KW

    Description: Financials Kuwait

AnswerBot

• SAP Tcode: KW_FSK2 - Define FSK for Local Taxes

  
  Overview:
  KW_FSK2 is a transaction code used in SAP to define FSK (Fiscal Specification Keys) for local taxes. FSK is a key used to identify the tax rate applicable to a particular transaction. This transaction code allows users to define the FSKs for local taxes, which are taxes that are imposed by local governments and municipalities. 
  
  Functionality: 
  KW_FSK2 allows users to define the FSKs for local taxes. This includes setting up the tax rate, the tax type, and the tax jurisdiction. The FSKs can then be used in other transactions to identify the applicable tax rate for a particular transaction. 
  
  Step-by-Step How to Use 
  1. Enter KW_FSK2 in the command field of the SAP Easy Access screen. 
  2. Enter the details of the local tax, including the tax rate, type, and jurisdiction. 
  3. Click “Save” to save the details of the local tax. 
  4. The FSK will be generated and can be used in other transactions to identify the applicable tax rate for a particular transaction. 
  
  Other Recommendations: 
  It is important to ensure that all local taxes are properly defined in KW_FSK2 before they can be used in other transactions. It is also important to regularly review and update any changes in local taxes so that they are accurately reflected in other transactions.