Vietnam Tax Rate Master

Select the “Vietnam Tax Rate Master” activity under the “Vietnam Statutory Master Definition” business component.

The “Vietnam Tax Rate Master” page appears.

Note: Clicking this icon available near certain fields takes you to the help page of the respective field.

The mandatory fields are represented as bold.

The system displays the following

Vietnam Statutory Setup Unit	Use the drop-down list box to select the Vietnam statutory setup unit for which the rate table has to be defined. The combo is loaded with the corresponding OU names and defaulted with the OU currently logged in.
Currency	The currency of Vietnam.
Tax Payer Classification	Use the drop-down list box to select the classification of tax payer. The combo is loaded with values from user modifiable quick codes.

The system displays the following in the “Access History” group box:

Effective Period

The effective period for the tax rate slab. The drop-down displays the latest values by default. Use the drop-down values to view previous ‘history data’.

Enter the following details in the “Tax Rate Details” multiline:

Salary Amount From	The starting salary range for the selected tax payer classification for which the rate master table is to be defined.
Salary Amount To	The ending salary range for the selected tax payer classification until which the rate master table is to be defined. Ensure that the entered values are in a continuous sequence.
Tax Percentage	The tax percentage applicable for the employees’ salary for the selected tax payer classification.

Enter the following details:

Modification Option

Use the drop-down list box to specify the modification option. The combo is loaded with “Correct” and “Update”. The system by default displays “Blank” on launch of the page.

§ Correct: The modified details are saved with the current effective date.

§ Update: The modified details are updated with the new effective date.

New Effective From Date

The new effective date of updated records from when the entries become valid.

Remarks

Any remarks or additional modification information regarding the rate table details.

Note: Modification Option: While modifying the rate tables, you can use one of the two available modification options viz., “Correct” and “Update”. If you choose the Correct option, the changes you make will come into effect in the existing record itself. If you choose the Update option, the system closes the existing version of the record and will create a new record containing the changes you make. You are to specify a new effective date which will become the effective date for the new record.

Click the “Save” pushbutton.

The system saves the rate master table details.