Viewing year closure status

Glossary

This page allows you to view the closure status of the tax year. You can select the code identifying the tax book for which you want to view the status of the defined tax years. The system retrieves and displays the details of the tax year including the status of the year and the date range for which the tax year spans.

The “View Year 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 years. All the tax books that are available 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. All the tax years that are available in the selected tax book will be available for selection in the chronological order.

The system retrieves and displays the following in the “Tax Year Details” multiline based on the tax book and tax year selected:

Tax Book

The code identifying the tax book.

Tax Year Code

The code identifying the tax year.

Description

The textual description of the tax year.

Tax Year Start Date

The date from which the tax year begins.

Tax Year End Date

The date on which the tax year ends.

Year Status

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

Closed By

The login ID of the user who closed the Tax book for the Tax year or Tax period

Closed Date

The date on which the user had closed the Tax book for the Tax year or Tax period.