Accounts Sub-Tab

This section includes the fields and descriptions for the Accounts sub-tab.

Field	Description
Tax Settlement Type	This field shows the type of account used. This field displays one of the types listed below, where they are described briefly. For a detailed description of each tax settlement type, please refer to the descriptions of the G/L Tax Codes, Tax Codes, and Tax Reporting Unit Selection workspaces. Tax Receivable — The line shows tax amounts registered on the accounts referred to by the dimension combination specified for tax receivable in the G/L Tax Codes, Tax Codes, and Tax Reporting Units workspaces. Tax Payable — The line shows tax amounts registered on the accounts referred to by the dimension combination specified for tax payable in the G/L Tax Codes and Tax Codes workspaces. EU Acquisition Tax — The line shows tax amounts registered on the accounts referred to by the dimension combination specified for acquisition tax in the G/L Tax Codes workspace. Investment Tax — The line shows tax amounts registered on the accounts referred to by the dimension combination specified for acquisition tax in the G/L Tax Codes workspace. Basis high investment tax — The line shows amounts that form the basis for calculation of high investment tax. The line therefore shows amounts registered on accounts used for investment tax basis in G/L tax codes in which the investment tax is greater than zero. These accounts are referred to by the dimension combination specified for each G/L tax code. Basis low investment tax — The line shows amounts that form the basis for calculation of low investment tax. The line therefore shows amounts registered on accounts used for investment tax basis in G/L tax codes in which the investment tax is zero. These accounts are referred to by the dimension combination specified for each G/L tax code. Sales Tax — The line shows tax amounts registered on the accounts referred to by the dimension combination specified for sales tax in the Tax Codes workspace. Tax — The line shows amounts registered on the account of a given tax type. The field “Tax Type” on the current line shows the relevant tax type. You can assign an account to a specific tax type in the Tax Reporting Units workspace by specifying a dimensions combination. Ratio Tax — The line shows amounts registered on the accounts referred to by the dimension combination specified for ratio tax in the G/L Tax Codes workspace.
Manual Tax Type	If the value specified in the field “Tax Settlement Type” is “Tax,” this field shows which tax type has been selected. Tax types are created in the pop-up field “Tax Type” in the Popup Fields workspace in the Set-Up module and are assigned to G/L accounts in the Tax Reporting Units workspace.
Nature of Tax	This field shows the nature of tax to which the current line pertains.
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.
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.
Change Basis, Reporting Currency	This field shows the difference between the two fields above, thus indicating the net balance movement on the basis entries in the specified period.
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.
Change Tax, Reporting Currency	This field shows the difference between the two fields above, thus indicating the net balance movement on the basis entries in the specified period in reporting currency.