Maintaining Limits by Type of Tax

  1. Expand Tax Engine applications > Master Data.
  2. Select Limits by Type of Tax.
  3. Click the New View icon.
  4. In the Tax Type field, select a tax type from the list.
  5. Click the New icon.
  6. Specify this information:
    Effective Date

    Select a date in the calendar. This field is mandatory.

    Minimum Limit

    Specify a minimum limit for the tax type.

    Maximum limit

    Specify a maximum limit for the tax type.

    Periodicity

    Select a period, if applicable.

    Block Limit Exceeded

    Select this check box, if applicable.

  7. Click the Save icon.