OMKK - C MM-PUR Tax Indicators: Material

SAP Transaction Code - Details

• Transaction Code: OMKK

  Description: C MM-PUR Tax Indicators: Material

  Release: S/4HANA and ECC 6

• • Program:

    Screen: 0

    Authorization Object:

  • Development Package: ME0C

    Package Description: Customizing Purchasing

    Parent Package: APPL

  • Module/Component: MM-PUR-GF

    Description: Basic Functions

Smart SAP Assistant

• SAP Tcode: OMKK - C MM-PUR Tax Indicators: Material

   Master
  
  Overview:
  The SAP transaction code OMKK is used to maintain tax indicators in the material master record. This code is used to define the tax classifications for a material, such as whether it is subject to sales tax or not. It also allows users to set up different tax rates for different countries. 
  
  Functionality: 
  The OMKK transaction code allows users to maintain the tax indicators for a material master record. This includes setting up the tax classifications, such as whether the material is subject to sales tax or not, and setting up different tax rates for different countries. The OMKK transaction code also allows users to view and edit existing tax indicator settings. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code OMKK in the command field. 
  2. Enter the material number in the Material field. 
  3. Select the country in which you want to set up the tax indicator from the Country field. 
  4. Select the appropriate tax indicator from the Tax Indicator field. 
  5. Enter the appropriate tax rate in the Tax Rate field. 
  6. Click on Save to save your changes. 
  7. Click on Back to return to the main screen of OMKK transaction code. 
  
  Other Recommendations: 
  It is important to ensure that all of the necessary information is entered correctly when setting up a material's tax indicator using OMKK transaction code, as incorrect information can lead to incorrect calculations and incorrect taxes being applied to materials. Additionally, it is important to ensure that all of the necessary information is updated regularly, as changes in taxes or regulations may require changes in the material's tax indicator settings.