Tax Periods (tfgld0105m200)

Use this session to maintain the tax periods that apply during the allocation of amounts in a particular year.

Field Information

Period Type

The purpose of the periods.

Allowed values

Fiscal
Reporting
Tax

Year

The fiscal year for which you want to maintain the tax periods.

End Date/Last Period

The last date of the last period of the specified Year.

Number of Periods

The number of periods in the specified Year.

Period

You can enter the periods within the selected year. No more periods can be defined than the Number of Reporting Periods specified in the Group Company Parameters (tfgld0101s000) session.

Note: Periods must be defined in a sequence: you cannot miss out a period.
Description

The description of the period.

Example

Period Type Period Description
Tax 1 First Quarter
  2 Second Quarter, etc.
Start Date

The start date is the first date of the period.

The start date of a period must fall after the start date of the previous period. For period 1, the start date must be after the end date of the previous year.

Period Status

Indicates the overall status of the period.

Allowed values

Open

Indicates that one or more modules status is 'Open'.

Closed

Indicates that one or more modules status is 'Closed' and no module status is 'Open'.

Finally Closed

Indicates that all the modules status is 'Finally Closed'.