Set Up Norm Jurisdictions
Norm jurisdictions are based on Russian tax laws that define a variety of tax rates. Norm jurisdictions are used to calculate taxable profits and losses in tax accounting. You can use the Norm Jurisdictions window to set up and define norm jurisdictions that can be used when you calculate tax differences.
To set up norm jurisdictions
Choose the
icon, enter Norm Jurisdictions, and then choose the related link.Enter an identifying Code and Description for the norm jurisdiction that you want to set up.
Choose the Groups action to open the Norm Groups window.
In the Norm Groups window, enter the following information.
Field Description Code Enter a code to identify the norm group. Description Enter a description for the norm group. Has Details Specifies if calculation details are defined for the norm group. Search Detail Select the method that you use for norm jurisdiction search. The options include To Date and As of Date. Storing Method Select Calculation if the norm jurisdiction is calculated with a specific formula. Leave this field blank if the norm is a constant value. Choose the Details action to open the Norm Details window. In this window, you will define a constant tax rate for the norm.
In the Norm Details window, enter the following information.
Field Description Effective Date Enter an effective date for the norm. Norm Enter a value for the norm. This value is used to calculate tax differences. Choose the Close button to close the Norm Details window and save your entries.
The norm jurisdiction that you set up is now available for use in calculating tax differences.
See Also
Tax Differences
Setting up Tax Difference Calculation
Tax Accounting
Tax Registers
Create Tax Registers