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Tax Settlement Period

A list of settlement periods (monthly, quarterly) for a tax authority. A Tax Code may name one. Nothing in the system acts on it today: it is a record for the tax accountant.

Where
Tax Controlling › Tax Settlement Period › Tax Settlement Period
Who uses it
The tax accountant
When
At setup
Needs first
Tax Authority

Every field in plain words​

FieldWhat it meansWhat to put
Settlement PeriodThe codeRequired. Unique
NameThe nameRequired
Payment TermWhen the tax falls dueRecorded only
Period Value, Period Value UnitThe length of a periodRecorded only
From Date, To DateThe span coveredRecorded only
Tax AuthorityThe authorityRecorded only
From Date, To Date (lines)The periodsRequired on a line

If something looks wrong​

  • "Tax Settlement Period - Basic Data lines cannot be empty" Add a period line.
  • "Tax Settlement Period - DateFrom cannot be greater than DateTo" Fix the dates.