View Tax Adjustments

This page allows you to view the tax adjustment details of the tax adjustment selected by you in the select tax adjustment page.

Select the “View Tax Adjustments” link on the top of the “Select Tax Adjustments” page.

The “View Tax Adjustments” page appears.

The system displays the following fields in the “Adjustment Information” group box:

Tax Type	The type of tax for example TDS, and TCS. The tax type for the selected adjustment number is displayed.
Tax Region	The place where the tax declaration is required to be made. The applicable tax region for the adjustment number is displayed.
Status	The system displays the applicable status.
Tax Adjustment No.	The selected tax adjustment number.
Adjustment type	The applicable adjustment type.
Adjustment Date	The adjustment date.
Finance Book	The applicable finance book.
Tax Rule Engine Validation	Indicate whether the validation with respect to tax code based on threshold limit is applicable or not.

Note: This control would be visible only when the adjustment type is selected as "Consolidation”.

The system displays the following fields in the “Tax Details” group box:

Tax Class	Tax class is a code that identifies the sub transactions type for reporting purposes, specified by the tax authorities. The applicable class of tax.
Revised Tax Class	The revised tax class for the transactions with Not taxable

Note: Revised Tax class control would be visible and can be selected only when the Tax Class is Not Taxable.

Party Type	The applicable type of the party from supplier or customer.
Party Code	The applicable code of the party.
Party Name	The name of the party.
Assessee Type	The type of assessee.

The system displays the following fields in the “Transaction Details” multiline:

Transaction Type	The type of transaction for the adjustment number selected.
Transaction No.	The transaction number for the adjustment number selected.
Transaction Date	The transaction date for the adjustment number selected.
Transaction Amount	The amount for the transaction number selected.
Transaction Currency	The transaction currency for the transaction number selected.
Exchange Rate	The rate of exchange between the base currency and the transaction currency for the transaction number selected.
Taxable Amount	The amount required to be taxed.
Code Type	The type of the code. The code type for the transaction number selected.
Tax Code	The tax code for the transaction number selected.
Tax Rate	The rate of tax for the transaction number selected.
Tax Amount	The amount of tax calculated.
Revised Taxable Amount	Revised taxable amount is the modified amount that is required to be taxed during adjustments.
Revised Tax Code	The tax code as revised for the transaction number selected.
Revised Tax Rate	The rate of tax as revised for the transaction number selected.
Revised Tax Amount	The amount for the transaction number selected.

The system displays the following fields in the “Reference Document Details” group box:

Ref. Doc. Type	The type of reference document.
Ref. Doc. No.	The number of the reference document.
Ref Doc. Amount	The amount in the reference document.
Total Taxable Amount	The total taxable amount. This is the sum of the taxable amounts in the multi line. The amount for the adjustment number selected is displayed.
Total Revised Taxable Amount	The total revised taxable amount will be the sum of the revised taxable amounts in the multi line. The amount for the adjustment number selected is displayed.
Total Tax Amount	The total tax amount will be the sum of the tax amounts in the multi line.
Total Revised Tax Amount	The total revised tax amount will be the sum of the revised tax amounts in the multi line.
Adjusted Tax Amount	The adjusted tax amount.

The system also displays the following field:

Created By	The login ID of the user who created the tax adjustment.
Created Date	The date on which the tax adjustment was created.
Last Modified By	The login ID of the user who last modified the tax adjustment.
Last Modified Date	The date on which the tax adjustment was last modified.

To proceed, carry out the following

Select the “Customer Debit / Credit Note” link at the bottom of the page to view customer account based note.
Select the "Supplier Debit / Credit Note” link at the bottom of the page to view Supplier account based note.