Ajmal BudullaTax Configuration: Complete First Party Legal Entity Party Tax Profile
Posted by shameemakhtar on October 3, 2009
Platform: R12
Tax Manager –> Parties –> Party Tax Profiles
On the Tax Manager Homepage, click on the ‘Go to Task’ icon.
Search First Party Legal Entity - Tax Profile
Ensure Party Types is ‘First Party Legal Entity’. Type in the Party Name and click on ‘Go’.
Party Tax Profiles
Click on ‘Update Tax Profile’.
Update Party Tax Profile
Configure the four sections as appropriate:
- Main:
Party Tax Profile - Main
- Classifications
Party Tax Profile - Classifications
- Tax Reporting Codes
Party Tax Profile - Tax Reporting Codes
- Configuration Options
Party Tax Profile - Configuration Option
You can see that the Tax Regime is already associated with the First Party Legal Entity.
Shameem Bauccha
1 July 2009
Polprav said
Hello from Russia!
Can I quote a post in your blog with the link to you?
shameemakhtar said
Priviet Polprav
Kaniechno moi droug.
Of course you can quote and share…
Cheers