Prepare Tax Report
Form ID: (TX501000)
You use this form to prepare a tax report that is intended for a specific tax agency, spans a particular tax reporting period, and uses the report version that corresponds to the selected tax period.
For the selected tax agency, during this process, the system applies the report version that meets both of the following criteria on the Reporting Settings (TX205100) form:
- The Valid From date is earlier than or the same as the end date of the selected tax period.
- The Report Version is the highest of the tax agency's available versions.
If a tax report has multiple versions with a Valid From date that falls within the reporting period, the system will select the version with a Valid From date that is closest to the end date of the tax period.
Form Toolbar
The form toolbar includes standard and form-specific buttons and commands. For the list of standard buttons, see Form Toolbar and More Menu. The form-specific commands are listed in the following table.
| Button | Description |
|---|---|
| Prepare Tax Report |
Generates a tax report for the selected tax agency for the specified tax period, and generates tax periods for a new calendar year if there is at least one taxable document in this year. The system always generates the tax periods based on the company's financial periods. Note: If you prepare a tax report for a company or tax agency for the first time,
the system prepares a tax report for the tax period that corresponds to the
earliest of two dates: the current business date, or the date of the earliest
taxable document. The process automatically generates tax periods for the entire
tax year while closing any preceding periods for which there are no taxable
documents.
|
| View Tax Periods | Opens the Tax Periods (TX207000) form for the selected company, tax agency, and tax year. |
Selection Area
You use the elements in the area to select a branch (one of the consolidation branches), tax agency, and tax period for which reporting lines will be displayed.
| Element | Description |
|---|---|
| Company |
The company on behalf of which the tax report will be prepared. This box appears on the form if the Multicompany Support feature is enabled on the Enable/Disable Features (CS100000) form. |
| Branch |
The branch on behalf of which the tax report will be prepared. This box is available only if the Multibranch Support feature is enabled on the Enable/Disable Features (CS100000) form and only if the company selected in the Company box above has the With Branches Requiring Balancing type, with the File Taxes by Branch check box selected on the Companies (CS101500) form. |
| Tax Agency |
The name of the tax agency for which the tax report is intended. Select a tax agency from the list of agencies available in the system. If the Customer and Vendor Visibility Restriction feature is enabled on the Enable/Disable Features (CS100000) form, the list of values may be limited based on the branch selected on the current form. A vendor is available for selection if the Restrict Visibility To box on the Financial tab of the Vendors (AP303000) form is empty or contains this branch (or the company or company group that contains this branch). |
| Tax Period | The reporting period (tax period) you're interested in. |
| From | Read-only. The start date of the chosen period. |
| To | Read-only. The end date of the period you've selected. |
Table
This table lists the reporting lines with the amounts for the period.
The table toolbar includes only standard buttons. For the list of standard buttons, see Table Toolbar.
| Column | Description |
|---|---|
| Report Line | The report line defined for the tax agency report. |
| Description | The description of the report line. |
| Amount | The tax amount accumulated for the report line. |