Modify Tax Transactions

Explanation

This activity is used to modify tax transactions once they have been fetched into the tax ledger. Tax transactions that are not reported (i.e., the tax transactions for which the Is Reported option is disabled in the Tax Transactions window) are modified in the Tax Transactions window or the Modify Tax Transactions dialog box. Tax transactions that are reported can be modified only in the Modify Tax Transactions dialog box.

Note: If 1099 income is reported the date/period range for which the income amount should be calculated can be specified via the Calculate Income Amount dialog box.

If the Official Document Number is Updated or Modified once fetched to the Tax Transactions page, the date/period range for which the Official Document Number should be Modified/Updated can be specified via the Update Official Document No dialog box.

Prerequisites

• Tax transactions which have been fetched into the tax ledger must exist.
• If tax code, delivery type, tax liability date and/or tax number are to be modified, the relevant options must be enabled in the Tax Ledger Parameters window to enable the required changes. (Refer Enter Tax Ledger Parameters.)
• If tax invoice related information is to be modified, the Is Reported options must be disabled for the tax transaction to be modified.
• If tax withholding certificate related information is to be modified, the Is Reported option must be disabled for the tax transaction to be modified.
• The tax transactions which are to be modified must have the Is Part of Tax Ledger option enabled in the Tax Transactions window.
• The tax transactions which are to be modified must have the Include in Tax Proposal option enabled in the Tax Transactions window.
• Official Document Number Generation must be selected as Manual in the Company basic data/Invoice tab to enable the Update Official Document No command button.

System Effects

	System Effect
The tax transaction is not reported	The Tax Transactions window will be updated with the modifications you make.
The tax transaction is reported	Two new tax transactions will be automatically created and they will also be included in the tax proposal.

Pages

Tax Transactions

Activity Diagrams

Handle Tax Reporting
Prepare Tax Reporting