Tax Reporting Unit Selection Workspace

Use this workspace to assign tax settlement units (also known as tax reporting units) to a tax reporting unit table.

This table usually consists of tax settlement units for countries or other geographical areas.

If you need to report tax to multiple tax reporting units, this workspace lets you define relevant entry value ranges for each tax settlement unit in the table. For instance, you can select whether a tax settlement unit table should be used for collecting payable or receivable tax. You can also apply a different geographical area to each tax settlement unit.

In the Tax Reporting Unit Selection tab, you can view or create a tax reporting unit table. You can also view logging information about the current tax reporting unit table. The Tax Reporting Unit Selection Lines sub-tab lets you assign tax settlement units to the table and specify particular entry value ranges for each combination of tax settlement units.

Note that the lines in the Tax Reporting Unit Selection Lines sub-tab are listed in order of priority. Accordingly, if the selection criteria on the top line do not match the entry values that you entered in an entry workspace, Maconomy searches the subsequent lines until it finds matching selection criteria on a lower line. Typically, you define narrow selection criteria on the top lines, while you define broader criteria on lower lines.