Multiple tax registrations - tax currency

Multiple tax registration functionality allows a legal entity that operates in multiple countries to handle country-specific taxes in a single financial company

Previously, tax reporting in a currency other than the home currency of the financial company was not supported. Now, tax reporting can be handled in currencies other than the home currency and several countries can be included in a financial company.

These features are supported:

• Specification of the tax reporting currency and exchange rate type in the Tax Parameters by Country (tctax0101m000) session.
• Specification of the currency rates for tax reporting in the Tax Currency Rates (tcmcs0108m100) session.
• Availability of tax currency rates and amounts in these areas:
  • Invoicing (billable lines, invoice - tax details)
  • Financials (tax details, tax analysis)
• Enablement of tax reporting in the tax currency for these documents:
  • Tax Declaration
  • Intrastat
  • Sales Listing
  • Purchase Listing