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Szalai_Erika
Advisor
Advisor
1,251
Dear Community,

As Hungarian Localization Product Manager for Financials I'd like to share some ideas what you would need to do if:

  • You have been using the Hungarian local version of S/4HANA Cloud Public Edition some time ago. Therefore, the content updates of tax codes are not delivered in your system.

  • You need record documents with the new VAT rate of 0% in your Hungarian company code and/or Hungarian VAT registration.


What to do?

  • You might be necessary to define new tax codes with 0% tax rate depending on your business practice:

    • In SAP S/4HANA Cloud public edition, you can create the new tax codes with the activation of Time-Dependent Taxes (TDT).

    • More TDT related information is available in the SAP Knowledge Base Article 2936931 - TDT S/4HANA Cloud | SAP Knowledge Base Article

    • You might need to define the following new tax codes in tax schema 0TXHU (for Hungary):










































Tax codes EN description HU description
AZ EU Sales 0% - Goods EU Ért. 0% - Áru
SZ Dom. Sales 0%  - Goods Belf. Ért. 0%  - Áru
XZ Distance Selling  0% - to HU - Goods Távolsági értékesítés  0% - HU-ba -Áru
CZ EU Acq. 0% - Goods EU Besz. 0% - Áru
VZ Dom. Acq. 0% - Goods Belf. Besz. 0% - Áru
IZ nonEU Acq. 0% - Goods EU-n kívüli Besz. 0% - Áru

 

  • Please be aware, that with the new tax codes the following settings might need to be updated to, depending on your business practice:

    • Creation of a new tax condition record.

    • Creation of DRC Online Invoice Registration-related assignments.

    • Inclusion in all relevant DRC reporting (e.g. Hungarian VAT Return: tax box mapping).




I hope that I could help you with this information.

If you have any feedback or suggestions, please feel free to add a comment.