Ledger Account Settings by Tax Origin (tfgld0127m000)
Use this session to maintain standard currency system settings for tax-related accounts.
Any changes will be reflected in the Ledger Account Settings by Individual Account (tfgld0128m000) session.
Note:
- If a ledger account is used as purchase tax and sales tax account, the settings by tax origin must match. As a result, any changes to the settings of one origin, will be applied to the other origin.
- You can only change the settings in this session if no ledger accounts related to the tax origin exist.
Field Information
- Tax Origin
-
The type of transaction subject to the tax.
Allowed values
- Purchase
- Sales
- Rate Determination Method Reporting 1
-
Allowed values
- Adopt Transaction's Exchange Rate Type
- Own Exchange Rate Type
- Company's Default
- Exchange Rate Type Reporting 1
-
Note: This field is mandatory if Rate Determination Method Reporting 1 is set to Own Exchange Rate Type. Otherwise, this field must remain empty.
- Rate Determination Method Reporting 2
-
Allowed values
- Adopt Transaction's Exchange Rate Type
- Own Exchange Rate Type
- Company's Default
- Exchange Rate Type Reporting 2
-
Note: This field is mandatory if Rate Determination Method Reporting 2 is set to Own Exchange Rate Type. Otherwise, this field must remain empty.