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.

Note:

If your company has the With Branches Requiring Balancing type and the File Taxes by Branch check box is selected for your company on the Companies (CS101500) form, you prepare a tax report for each branch. Once the tax reports are prepared for all branches, you can release them on the Release Tax Report (TX502000) form.

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.