Tax Specification Lines Sub-Tab
This section includes the fields and descriptions for the Tax Specification Lines sub-tab.
Field | Description |
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Tax Settlement Type | The tax settlement type can be “Tax Payable,” “Tax Receivable,” “EU Acquisition Tax,” “Investment Tax,” “Ratio Tax,” “Sales Tax,” or “Tax.” Sales tax occurs when you use a tax code to which a tax rate is assigned in the Tax Codes workspace. |
Manual Tax Type | If the tax settlement type is “Tax,” this field displays the tax type of the tax. Tax types are created in the pop-up field “Tax Type” in the Popup Fields workspace in the Set-Up module. |
Nature of Tax | This field displays the nature of tax with which the G/L entries must be posted in order to be included in the printout. See the G/L Tax Codes workspace for a description of nature of tax. If you do not select a specific nature of tax, all natures of tax will be shown on the printout. |
Tax Type | This field shows the tax type to which the current line pertains.
The tax type is specified for each tax code and G/L tax code in the Tax Codes and G/L Tax Codes workspaces, respectively. |
Company No. | This is the company to which the tax was posted. |
Posting Ref. | This is the posting reference to which the tax was posted. |
Description | This is the description of the posting reference to which the tax was posted. |
Debit basis, Reporting Currency | This field shows the amount debited on the basis entries of the tax entries covered by the current line in the specified period in reporting currency. |
Credit basis, Reporting Currency | This field shows the amount credited on the basis entries of the tax entries covered by the current line in the specified period in reporting currency. |
Debit Tax, Reporting Currency | This field shows the amount debited on the basis entries of the tax entries covered by the current line in the specified period in reporting currency. |
Credit Tax, Reporting Currency | This field shows the amount credited on the basis entries of the tax entries covered by the current line in the specified period in reporting currency. |
Debit Tax, Base | This field shows the amount debited on the basis entries of the tax entries covered by the current line in the specified period in base currency. |
Credit Tax, Base | This field shows the amount credited on the basis entries of the tax entries covered by the current line in the specified period in base currency. |
Debit basis, Base | This field shows the amount debited on the basis entries of the tax entries covered by the current line in the specified period in base currency. |
Credit basis, Base | This field shows the amount credited on the basis entries of the tax entries covered by the current line in the specified period in base currency. |
Parent Topic: Tax Specification Workspace