Adding and Maintaining the Cumulative Tax Time Frames

  1. Open Time Frames (WTF).
  2. Complete this information:
    Time Frame Code
    A unique code identifying the period to be used when calculating cumulative taxable amounts for the source accounts.
    Description
    The full name or description of the data item or record. This is used to identify it on reports and inquiries.
    Short Heading
    The short heading, which is used where space is limited. If this is blank it defaults to the first characters of the description.
    Lookup Code
    A lookup code can be used to find a record, as an alternative to the record code. It is often set to a shortened version of the description. It is particularly useful if a record is often referred to using different codes. For example, the Chart of Accounts code for Fuel Expenses is 75201 and the Lookup Code is set to FUELEXP.
  3. Click Time Frames Details to add a From and To date.
    From
    The first date for which transactions are included in the time frame, based on the transaction date.
    To
    The last date for which transactions are included in the time frame, based on the transaction date.
  4. Save your changes.