Setting up a tax declaration
To set up a tax declaration:
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In the Tax Position (tfgld0620m000) session, Define a tax position for each box on the tax declaration. Type
the name of each box in the Description field. For example, in European Union
countries, the box names can be Intracommunity Supplies and Shifted Tax on Services.
In the Tax Position (tfgld0620m000) session, Define a tax position for each box on the tax declaration. Type the name of each box in the Description field. For example, in European Union countries, the box names can be Intracommunity Supplies and Shifted Tax on Services.
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In the Tax Position (tfgld0620m000) session, Relations by Tax Position tab, Link the tax
codes that contribute to the amount in a box to its tax position. If you
generate the tax declaration, LN calculates the sum of the tax amounts with these tax codes and
prints the resulting amount for each box.
In the Tax Position (tfgld0620m000) session, Relations by Tax Position tab, Link the tax codes that contribute to the amount in a box to its tax position. If you generate the tax declaration, LN calculates the sum of the tax amounts with these tax codes and prints the resulting amount for each box.
For each tax code, you can enter a number of selection criteria to refine the selection of the tax amounts. For example, you can select sales tax amounts or purchase tax amounts, and tax on advance payments or receipts.
The tax codes linked to the tax position must all have the same value for the Amounts Entered in Financials field, which can be Gross or Net.
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In the Tax Declaration Master (tfgld1620m000) session, define a tax declaration master for
each combination of type of tax declaration and collection office. For
declarations of withholding tax and social contributions, you can define
separate tax declaration masters for the various tax categories.
In the Tax Declaration Master (tfgld1620m000) session, define a tax declaration master for each combination of type of tax declaration and collection office. For declarations of withholding tax and social contributions, you can define separate tax declaration masters for the various tax categories.
The setup procedure differs for tax declarations that you submit manually and that you submit automatically.
- For manual submission: For every box on the tax declaration, click New on the Tax Positions by Tax Declaration Master tab. The Tax Positions by Tax Declaration Master (tfgld1121m000) details session starts. Select the tax position that corresponds with the box on the tax declaration.
- For automatic transfer: Follow the instructions described in Automatic transfer of tax declarations.
If you save the details, LN validates the data, for example, all the tax codes of a tax position must be defined for the tax country of the declaration master.
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After you define a tax declaration master, you can
periodically prepare the required tax declarations as described in Processing tax declarations.
After you define a tax declaration master, you can periodically prepare the required tax declarations as described in Processing tax declarations.
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If the tax declaration and payments to the collection office
are due on specific days of the month, you can define payment terms for the due dates in the Payment Terms (tcmcs0113s000) session. Link the payment terms to the collection
office in the Invoice-from Business Partner (tccom4122s000) session.
If the tax declaration and payments to the collection office are due on specific days of the month, you can define payment terms for the due dates in the Payment Terms (tcmcs0113s000) session. Link the payment terms to the collection office in the Invoice-from Business Partner (tccom4122s000) session.