Master Data

You can set up the master data that is required for business practices of a country and define data that is essential to perform tax calculations.

The Master Data application is the basic set of the Tax Engine and contains the most generic data that are necessary to run the process. Before the Tax Engine system can calculate taxes, it is essential that necessary data and information are properly set-up.

ERP is the Source of Record (SOR) for Master Data. These Master Data Business Object Documents (BODs) are routed through Infor Intelligent Open Network (ION):

• SupplierPartyMaster

• CustomerPartyMaster

• BilltoPartyMaster

• BillFromPartyMaster

• ShipToPartyMaster

• ShipFromPartyMaster

• Location

• ItemMaster

• CurrencyExchangeRateMaster

• BillofResources

This diagram shows the message flow of Master Data from ERP as the System of Record to Tax Engine:

Additional attributes for each set of data are manually maintained in the Tax Engine. See these topics:

• Setting up the Master Data Tables

• Setting up the Item Base Data

• Setting up General Data

• Setting up the Tax Engine Master Data

• Setting up the Conversion Data