Tax Periods: Configuration Prerequisites

Before configuring tax periods, you must be sure that the system has been configured properly and that all required entities have been created, as described in the following sections.

Configuring the System

Before you configure tax periods, you need to make sure that the following configuration tasks have been performed in the system:

• On the Vendors (AP303000) form, a vendor set up as a tax agency has been configured. For details, see Tax Agency: To Set Up a Tax Agency for Sales Taxes.