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'.