Tax Transactions – An overview

Introduction

The main purpose of this component is to allow adjustments in Tax amounts after the authorization of the invoice.  This component also meets the requirement of recording tax certificates for the tax deducted by the supplier or customer.

Feature Highlights

•    Support to create, authorize and delete tax adjustments

•    Support for system generated debit / credit on authorization of adjustment transaction.

•    Support to record tax certificates received, delete certificate-received information and view certificates recorded.

•    Support to view reports on tax certificates pending.

List of Activities