Simplifying configuration of tax extensions for India


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Enabled for Public preview General availability
Admins, makers, or analysts, automatically This feature is released. Oct 21, 2019 This feature is released. Jan 3, 2020

Business value

A tax accountant can now create a new tax component with predefined tax rules in GTE with minimal training and effort. A functional consultant, or power user, can configure more complex tax rules in GTE that are not predefined (for example, complex tax calculations or tax posting).

Feature details

This feature allows users to create tax components that support the most common scenarios. New functionality includes new and enhanced controls to use when creating tax components. These new controls include Reverse change, Non-deductible, and Tax in price. The system automatically generates all required tax measures, tax formulas, and posting profiles.

See also

Create tax components (docs)