Viewing period closure status

Glossary

This page allows you to view the status of the various tax periods that have been defined for the selected tax year. You can select the code identifying the tax book and the year for which you want to view the status of the tax periods. The system retrieves all the tax periods that have been defined for the selected tax year irrespective of the closure status.

The “View Period Closure Status” page appears.

Tax Book

Use the drop-down list box to select the code identifying the tax book for which you want to view the status of the Tax Period. All the tax books that have been deployed in the login organization unit will be available for selection in the ascending order.

Tax Year Code

Use the drop-down list box to select the code identifying the tax year for which you want to view the status of the Tax Period. All the tax years that have been defined for the selected tax book and that are in the “Provisionally Closed” or “Open” status will be available for selection in the chronological order.

The system retrieves and displays the following in the “Tax Year Details” group box:

Tax Year Code

The code identifying tax year.

Description

The textual description of the tax year.

Year Status

The status of the tax year. It could be “Provisionally Closed” or “Open”.

Tax Year Start Date

The date from which the tax year begins.

Tax Year End Date

The date on which the tax year ends.

The system displays the following in the “Tax Period” details multiline:

Tax Period Code

The code identifying the tax period.

Description

The textual description of the tax period.

Start Date

The date from which the tax period begins.

End Date

The date on which the tax period ends.

Status

The status of the tax period. It could be “Open”, “Provisionally Closed” or “Closed”.