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How to: Define Tax Registers

Tax registers are used to track and manage taxable profits and losses in accordance with Russian tax accounting principles. You can use the Tax Register Card window to define how tax registers calculate taxable profits and losses and record the results.

To define tax registers

  1. In the Search box, enter Tax Register Card, and then choose the related link.

  2. On the General FastTab, enter the following information.

    Field Description

    No.

    Specifies the entry number that is assigned to the tax register.

    Description

    Enter a description for the tax register.

    Level

    Specifies the parent/child relationship between tax registers. Top-level parent tax registers should be 0.

    Costing Method

    Select the inventory valuation costing method that is used for the tax register.

    G/L Corr. Analysis View Code

    Select the code of the general ledger correspondence analysis view that you want to use for the tax register.

  3. On the Register Lines FastTab, enter the following information.

    Field Description

    Line Code

    Enter a code to identify the tax register line.

    Account Type

    Select the account type of the tax register line. Options include Correspondence and G/L Account.

    Amount Type

    Select the amount type of the tax register line. Options include Debit, Credit, and Net Change.

    Account No.

    Enter the general ledger account number for the tax register line.

    Bal. Account No.

    Enter the general ledger balance account number for the tax register line. The calculated tax register line balance amount will be stored in this account.

    Dimensions Filters

    Specifies if a dimension filter has been entered for the tax register line. If a dimension filter has been entered, the value will be Present.

    Element Type Filter

    Specifies if a general ledger correspondence dimension filter has been entered for the tax register line. If a dimension filter has been entered, the value will be Present.

  4. On the Template Line FastTab, enter the following information.

    Field Description

    Line Code

    Enter a code to identify the tax register template line.

    Expression

    Enter a formula for the tax register template line.

    Term Line Code

    Enter the tax register line code that is used for the template line.

    Dimensions Filters

    Specifies if a dimension filter has been entered for the tax register template line. If a dimension filter has been entered, the value will be Present.

    G/L Corr. Dimensions Filters

    Specifies if a general ledger correspondence dimension filter has been entered for the tax register template line. If a dimension filter has been entered, the value will be Present.

  5. Choose the Close button to close the window and save your entries.

See Also

Concepts

Tax Accounting
Tax Registers
How to: Create Tax Registers
Tax Differences

Other Resources

Tax Reports