Create Tax Additional Account Definition – A summary of the activity

This activity allows you to create additional tax account definition and consolidate the tax account definition. The accounts are defined in the “Accounting Setup” business component. While creating, additional account code definition is done only for Effective From Date. The Valid Upto Date is left open ended and is specified only while deleting the account code (i.e.) while closing the account code. ARD will return the Account codes for a particular transaction. The account codes are mapped with the Usage Ids for a combination of Tax Type – Tax Community – Finance Book and Tax Region. The default cost centers, Analysis and sub analysis codes are defined in the respective components.