| To prepare a tax declarationStep 1. Create the tax declarationTo create the tax declaration, take the following
steps: -
Create the tax declaration in one of the following
ways: Enter the correct data in the following fields: - Tax Year
- Tax Period
- Payment Reference
Ensure that the details in the remaining fields are
correct, and save the data. LN sets the tax declaration status to Created.
Step 2. Select the tax recordsTo add tax records to the tax declaration, take the
following steps: - On the appropriate menu of the Tax Declarations (tfgld1625m000) session, click Select Tax Declaration Lines. The Select Tax Declaration Lines (tfgld1226m000) session starts.
- Indicate whether you want to select the tax records by tax
period or by due date and enter the corresponding range of periods or dates.
The range must be within the specified tax year. If you must submit the
declaration periodically, select the Tax Period check box, and if you must submit the
declaration on or before a specific date, select the Due Date check box.
Click Select. You must enter a device for the error
report. LN adds the
selected records from the Tax Analysis (tfgld110) table to the tax declaration
and sets the tax declaration status to Selected. For each taxable transaction, two lines are
created: - One line for the tax amount
- One line for the net transaction amount
In the Tax Declarations (tfgld1625m000) session, view the generated list of taxable
transactions, the total tax base amount, and the total tax amount. The only
adjustment you can make is to remove records. If you prepared a tax declaration XML file for automatic
transfer, on the appropriate menu you can click Show file. LN displays the
generated tax declaration XML file. - If you want to remove a taxable transaction, select the
line that displays the Tax Amount and click Delete. LN removes both lines of the transaction and updates the tax base amount and the
total tax amount.
Step 3. Approve the tax declarationBefore you can further process the tax declaration, you must
approve the declaration. If the correct selection of taxable transactions is
selected for the tax declaration, on the appropriate menu, click Approve. LN sets the tax declaration status to Approved. | |