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Tax calculation for countries where we have multiple tax codes

Hello Experts,

 

I am a procurement and P2P process consultant and quite new to SRM technology.

 

We are doing SRM standalone implementation and we don't have a back end tax engine (ECC or PeopleSoft) nor we have any additional tax engine such as TTE or Vertex.

 

Could you please help me with calculation of tax amounts for countries like India and Canada where we have multiple tax codes and rates applicable to services and goods.

 

How can we make sure that we get proper tax amount whilst we create shopping cart ?

 

Do we have any standard functionality available for this ?

 

Regards

Abhi


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