Viewing Tax attributes

Viewing tax attributes

This page allows you to view the tax attributes.

Select the “View Tax Attributes” link in the “View TCD Codes” or “Select TCD Codes” page.

The “View Tax Attributes” page appears.

The system displays the following field:

Date Format

The format in which the date fields appears in this page. This format is displayed from the "User Preferences" business component based on the login user Id. In case the format is not defined, the system displays the date format from the “Enterprise Modeling” business component by default.

The system displays the following fields in the “TCD Details” group box:

TCD #	The identification number of the tax / charge , Mandatory (Alphanumeric, 25).
TCD Variant #	The identification number of the TCD variant Mandatory (Alphanumeric, 25).

The system displays the following fields in the “Tax Code Properties” group box:

Basis	The basis of TCD computation, such as percentage based, flat or unit rate.
Tax Key	The identifier of the TCD# & Tax Variant combination.
Effective From	The start-date of the effective period of the TCD #.
Effective To	The end-date of the effective period of the TCD #.

The system displays “Statutory Details” group box:

Tax Type	Indicates whether statutory regulations are applicable for the tax,
Applicability	Indicates whether transaction category is taxable,
Tax Incidence	Indicates the event / stage in the transaction when the tax is applicable.
Tax Nature	Indicates whether the tax is payable or not,
Tax Category	The category to which the tax belongs, such as , Mandatory.
Tax Class	Indicates whether the tax is applicable to goods or services,

The system displays the following fields:

Exchange Rate Type	The type of exchange rate to be used for accounting taxes.
Accounting Event	Indicates when accounting for tax should take place, which could be On Payment or On Receipt of Tax Invoice.
Exch. Rate Date Ref.	Indicates the date on which the exchange rate for tax accounting is to be retrieved, which could be Liability Date, Realization Date, or Tax Inv. Receipt Date.
Provision Accounting

The system displays the following fields in the “Computation Logic Details” group box:

Tax Appropriation	The tax appropriation for the tax, which could be exclusive, or exclusive and inclusive.,
% of Allowance	The percentage of allowance for the TCD # and Tax Variant # combination.
Threshold Basis	The threshold limit for the tax.
Threshold Value	The threshold value of the threshold limit for the tax.
Rounding Off Method	The method by which values need to be approximated, which could be any of the following: Floor – Indicates rounding off method to be the nearest integer up. Example:. Value 1020.35 rounded off to 1020. Ceiling – Indicates rounding off method to be the nearest integer down. Example: Value 1020.35 rounded off to 1021 Nearest – Indicates rounding off method to be the nearest integer. Example: Value 1020.35 rounded off to 1030 if Significant digit is 10.
Rounding Off Significance	The nearest placeholder to which rounding off is to be done, which could be 10, 100 and so on. For Example: Value 1020.35 rounded off to 1020 if the significant digit is 1

The system displays the following fields in the “User Defined Details” group box:

User Defined Detail - 1	Any additional detail pertinent to the TCD # and Tax Variant # combination.
User Defined Detail - 2	Additional details pertinent to the TCD # and Tax Variant # combination
User Defined Detail - 3	Any additional detail pertinent to the TCD # and Tax Variant # combination.
User Defined Detail - 4	Any additional details pertinent to the TCD # and Tax Variant # combination,

Select the “Save Attributes” pushbutton.

The system displays the following under “Record Statistics” group box.

Created By	The Login ID of the employee who specified the tax attributes.
Created Date	The date on which the tax attributes was specified.
Last Modified By	The Login ID of the employee who last modified the tax attributes.
Last Modified Date	The date on which the tax attributes was modified.