Set Tax Rule Engine

This page allows you to automatically default the Tax codes during purchase, sales, and other transactions, involving Tax. This would involve defining Tax Rule Engines for the purpose defaulting Tax Codes when the transaction is entered.

Select the “Set Tax Rule Engine” link under the “Tax Rule Definition” business component.

The “Set Tax Rule Engine” page appears.

Enter details in the following fields:

Tax Type

Use the drop-down list box to select the required tax type.

Tax type is the type of tax for example, VAT, and TDS. First value in the list is displayed as default on launch of the page.

On change of tax type the system loads Rule Id list box with all Rule Ids defined for the selected tax type and default tax community.

Tax Community

Use the drop-down list box to select the required tax community applicable to the tax type.

Tax community is the government authority that administrates the tax laws, for example, India, USA, and EU. The first value in the list is displayed as default on launch of the page.

On change of Tax community the system fetches all the Rule Ids defined for the selected Tax type - Tax community combination.

Rule ID.

Use the drop-down list box to select the required rule id. Rule ID is a user defined Id to identify the applicable tax parameters for a Tax Type & Tax Community.

The first rule id in the list appears as default on launch of the page.

The system loads the list box with all the Rule Ids defined for the Tax type - Tax community combination.

The system displays the following fields:

Date From	The system fetches the “from” date for the rule id on selection of rule id.
To	The system fetches the “to” date for the rule id.

Enter details in the following fields in “Parameter Details” multiline:

Sequence Number	System generated sequence numbers (Integer).
Tax Region	Use the drop-down list box to select the required tax region. The tax region is the place where the tax declaration is made. The default value on launch of the page is blank. The tax region list will contain all the applicable tax regions if the tax region parameter has been set to “Yes” for the rule id. On changing tax region, the system places all the applicable tax codes in the tax code list box.
Tax Category	Use the drop-down list box to select the tax category. The tax category identifies the types of business or trade transactions to indicate the applicability of tax. The default value on launch of the page is blank. If the rule id parameter for tax category is set to “Yes”, the list box loads all applicable tax categories
Tax Class	Use the drop-down list box to select the required tax class. Tax class is a code that identifies the sub transaction type for reporting purposes, specified by the tax authorities. The default value on launch of the page is blank. If the rule id parameter for tax class is set to “Yes”, system loads the list box with applicable values.
Tax Group	User defined group to which Items / TCDs / Usage Ids are mapped Tax Group entered must be valid for the Tax Type - Tax Region combination. Enter required tax group (Alphanumeric, 10).
	Help facility is available.
Assessee Type	Use the drop-down list box to select the assessee type. Assessee type is the type to which the assessee belongs according to the tax law in force. The default value on launch of the page is blank. If the rule id parameter for assessee type is set to “Yes”, the system loads the list box with all the applicable assessee types.
Threshold Criteria	Use the drop-down list box to select the required criteria. The default value on launch of the page is blank. If the Threshold Criteria parameter is set to 'Yes' for the Rule Id, Tax Type and Tax Community, the list box will contain values 'Party Based', 'Order Based' and blank, else it will be blank.
Quantity / Value	Use the drop-down list box to select the required option. The default value on launch of the page is blank. When the parameter Threshold Criteria is set to 'Yes' for the Rule ID, the Quantity/Value list will contain values 'Quantity', 'Value' and Blank, else it will be blank.
Threshold Limit From	The quantitative or monitory limit beyond which a specific tax rate is charged (Integer). When Threshold limit is entered, the parameter 'Threshold Criteria' must be set to 'Yes'..
Threshold Limit To	The higher quantitative or monitory limit of the tax slab (Integer). .
Tax Code	Use the drop-down list box to select the required tax code. User defined code against which the rate (in %) is defined On entering the tax code, the Code type is displayed.
Code Type	The required option from ‘Regular’ or ‘Surcharge’.
Date From	The "from" date (Date Format).
Date To	If “to date” is not entered the system will substitute with the “To Date” related to the “Rule Id” displayed at the top of the page (Date Format). The “to date” must be later than the "from" date.

Note: Select only one row at one time. Same rule cannot be duplicated for overlapping date range.

Check the box in the “Select” column against the required sequence number in the multiline to select the row for setting the tax rule.
Click the “Set Tax Rule Engine” pushbutton to set the tax rules.

On clicking the set tax rule engine pushbutton, the system saves the all the details entered and notes the login name of the user who set the rules and notes the system dates and displays the details. The screen refreshes with the saved details and a system generated sequence number.

The system also displays the following fields:

Created By	The login ID of the user who set the tax rule engine.
Created Date	The date on which the tax rule engine was set.

To proceed, carry out the following

Select the “View Tax Code” link at the bottom of the page to view the tax codes.