Manage Tax Items for Legal Reporting
Application component: ACR Generic Activities
App type: Transactional
Line of business: Finance
Description: The Manage Tax Items reporting activity allows a G/L accountant to move a tax item between reporting periods by changing the tax reporting date. It allows the G/L accountant to include or exclude one or more documents from a specific tax reporting period by changing the tax reporting date . The system retrieves the documents based on the parameters from the reporting task of advanced compliance reporting, or based on the filter values provided in the Manage Tax Items activity screen.The selection of the tax items is based on the tax reporting date field. However, if the tax reporting date is not available, the system considers the posting date or the document date. However, the actual tax item selection depends on the country and the functionality.  
The application is to help GL accountant to include a tax item into specific period and/ or exclude a tax item from current reporting period to another reporting period.
Key features:  Including a Tax Item in the Reporting Period You can include a tax item in a specific reporting period, by changing the tax reporting date.  If you do reporting in the central finance systems, you can use additional filters such as Sender Document Number, Sender Fiscal Year, and Sender Log System to find the relevant documents for the reporting period.Remember  Once a tax item is reported while generating the statutory reports for your country/region and the report submission status is either Content Accepted by Government or Submitted to Government, you cannot include, exclude, or hold off that tax item any more.  The restriction of the movement of reported items is not supported for the file level submission in statutory reporting. To include a tax item in the reporting period, perform the following steps:  Choose the Add (+) icon.In the Select documents for inclusion dialog box, perform the following steps: Select the Company Code and Reporting Date range from which you want to select the documents for inclusion. Choose Go. From the Document Status drop-down list, choose an option according to which you want to filter the financial documents. The available options are as follows: New Inclusion: List of all the financial documents with tax reporting date unaltered. All: List of all the available financial documents. Included: List of all the financial documents, that are included from different reporting period(s). Already Reported: List of all the financial documents, that are already reported to the tax authorities in previous reporting period. Note that you can't include the already reported documents in the current reporting period.   Select the documents to be included, and then choose Continue. In the warning dialog box, choose Click Here to view the list of the affected reports. In the warning dialog box, choose Yes. In the Include All dialog box, perform the following steps: Specify the Tax Reporting Date. Enter your remark in the Comments field, if required. Choose Save to retain the selection.   Tip  Choose an item to see the data entry view of the particular item. Choose Tax Item View to see the item level details of the documents included. Choose Document Header View to see the document/header level details of the documents included.  Note When you set filters for line item level attributes, such as tax code or reporting country/region, the results are still displayed at the document level.For example, assume a scenario where Document D1 has three line items with tax codes as T0, T1, and T2 respectively. If you search with the tax code filter as T0, you will see the Document D1 in the Document Header View and all the three tax items in Tax Item View.  Excluding Tax Items from a Reporting Period You can exclude tax item(s) in a specific reporting period, by changing the tax reporting date. To exclude a tax item from the reporting period, perform the following steps:  In the Document Status column, choose the green color icon for a specific tax item that needs to be excluded. In the Exclude Document dialog box, perform the following steps: Specify a Tax Reporting Date that is out of the selected reporting period date range. Enter your remark in the Comments field, if required. Choose Continue.  In the Manage Tax Items For Legal Reporting screen, choose Save to retain the changes made to the tax item. In the warning dialog box, choose Click Here to view the list of the affected reports.  Tip  Choose Tax Item View to see the item level details of the excluded documents. Choose an item to see the data entry view. Choose Document Header View to see the document/header level details of the documents included.   Holding off Tax Items You can now hold tax items off from being included in the current reporting period. While holding off the tax items, you are not required to assign a definite reporting period in which the tax items need to be included. You can include these items either in the current reporting period or later in any reporting period, as/if required. Let's assume that you have held-off the tax item X from being included in the current reporting period (June-July 2020). While reporting the items, you can re-include X in the current reporting period or keep it aside indefinitely till it is required to be included in any other reporting period in future.  To hold off a tax item, perform the following steps: In the Document Status column, choose the green color icon for a specific tax item that you want to hold off. In the Exclude Document dialog box, perform the following steps: Select the Do you want to hold off the document checkbox. Choose Continue.  In the Manage Tax Items For Legal Reporting screen, choose Save to retain the changes made to the tax item.  In the warning dialog box, choose Click Here to view the list of the affected reports.  To view all the held off tax items, perform the following steps: Choose Tax Item View to see the item level details of the documents included. Choose the Excluded tab and then choose Only held off documents.Tip  Choose an item to see data entry view of the particular item. Choose Document Header View to see the document/header level details of the held off tax items.   To inlcude the held off tax item(s) in a reporting period, perform the following steps: In the Document Status column, click the red color icon of a held off tax item. In the Include Document dialog box, perform the following steps: Specify the Tax Reporting Date. Enter your remark in the Comments field, if required. Select the Do you want to use the same date for the rest of the inclusions? check box if you want to make the specified reporting date the default one for all the tax items. Choose Continue.  In the Manage Tax Items For Legal Reporting screen, choose Save to retain the changes made to the tax item.   Viewing Total Base Amount and Total Tax Amount of the Tax Items You can view the total base and tax amounts for all the available tax items and included and excluded tax items from a reporting period. To view the total amounts for all the available tax items, perform the following steps: In the Manage Tax Items For Legal Reporting screen, choose the All tab and then choose Tax Item View. In the Tax Item View page, choose Show Totals.  To view the total amounts for all the included tax items, perform the following steps: In the Manage Tax Items For Legal Reporting screen, choose the Included tab and then choose Tax Item View. In the Tax Item View page, choose Show Totals.  To view the total amounts for all the excluded tax items, perform the following steps: In the Manage Tax Items For Legal Reporting screen, choose the Excluded tab and then choose Tax Item View. In the Tax Item View page, choose Show Totals.  
Business roles: General Ledger Accountant for Romania| General Ledger Accountant for Spain| General Ledger Accountant for France| General Ledger Accountant for Hungary| General Ledger Accountant for Slovakia| General Ledger Accountant for Italy| General Ledger Accountant for Malaysia| General Ledger Accountant for Austria| General Ledger Accountant for Thailand| General Ledger Accountant for India| General Ledger Accountant for Germany| General Ledger Accountant for Japan| General Ledger Accountant for Luxembourg| General Ledger Accountant for Portugal| General Ledger Accountant for Bulgaria| General Ledger Accountant for Turkey| General Ledger Accountant for Czech Republic| General Ledger Accountant for Indonesia| General Ledger Accountant for Switzerland| General Ledger Accountant for Netherlands| General Ledger Accountant for Belgium| General Ledger Accountant for South Korea| General Ledger Accountant for Finland| General Ledger Accountant for Norway| General Ledger Accountant for Denmark| General Ledger Accountant for Singapore| Asset Accountant for Portugal| Asset Accountant for Slovakia| Asset Accountant for Poland| General Ledger Accountant for United Kingdom| Asset Accountant for Singapore| General Ledger Accountant for Philippines| Cash Manager for Malaysia| General Ledger Accountant for South Africa| Asset Accountant for Italy| General Ledger Accountant for Canada| General Ledger Accountant for Israel| General Ledger Accountant for Australia| General Ledger Accountant for Saudi Arabia| General Ledger Accountant for New Zealand| General Ledger Accountant for Sweden| General Ledger Accountant for United Arab Emirates| General Ledger Accountant for Ireland| Cash Manager for Indonesia| Cash Manager for Thailand| General Ledger Accountant for Egypt| General Ledger Accountant for Taiwan| General Ledger Accountant for Croatia| Asset Accountant for Luxembourg| Asset Accountant for Bulgaria| General Ledger Accountant for Peru| General Ledger Accountant for Colombia| General Ledger Accountant for Serbia
General Ledger Accountant for Colombia: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Colombia.

Cash Manager for Thailand: (is an add-on role to the Cash Manager)
Executes cash transactions and centrally manages bank accounts with a wide range of attributes, including overdraft limit and signatories, utilizing approval process for opening or closing bank accounts, and the regular inventory/auditing process.

Asset Accountant for Italy: (is an add-on role to the Asset Accountant)
Capitalizes costs of assets during purchasing and production processes, defines depreciation parameters, and records depreciation in Italy. Ensures correctness, completeness, and documentation of the balance sheet for fixed assets.

General Ledger Accountant : 
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements.

General Ledger Accountant for Romania: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Romania.

Asset Accountant for Bulgaria: (is an add-on role to the Asset Accountant)
Capitalizes costs of assets during purchasing and production processes, defines depreciation parameters, and records depreciation. Ensures correctness, completeness, and documentation of the balance sheet for fixed assets in Bulgaria.

General Ledger Accountant for Austria: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Austria.

General Ledger Accountant for New Zealand: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements.

General Ledger Accountant for Luxembourg: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements in Luxembourg.

Accounts Payable Manager for Australia: (is an add-on role to the Accounts Payable Manager)
Carries out all functions in accounts payable accounting with an emphasis on setting guidelines and period-end closing.

Asset Accountant for Singapore: (is an add-on role to the Asset Accountant)
Capitalizes costs of assets during purchasing and production processes, defines depreciation parameters, and records depreciation. Ensures correctness, completeness, and documentation of the balance sheet for fixed assets in Singapore.

Asset Accountant for Portugal: (is an add-on role to the Asset Accountant)
Capitalizes costs of assets during purchasing and production processes, defines depreciation parameters, and records depreciation. Ensures correctness, completeness, and documentation of the balance sheet for fixed assets in Portugal.

General Ledger Accountant for Mexico: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Mexico.

Accounts Payable Manager for United Kingdom: (is an add-on role to the Accounts Payable Manager)
Carries out all functions in accounts payable accounting with an emphasis on setting guidelines and period-end closing.

Accounts Payable Accountant for Poland: (is an add-on role to the Accounts Payable Accountant)
Carries out the most important functions in accounts payable accounting in Poland.

General Ledger Accountant for Norway: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Norway.

General Ledger Accountant for Italy: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Italy.

General Ledger Accountant for Slovakia: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Slovakia.

Accounts Payable Manager for Ireland: (is an add-on role to the Accounts Payable Manager)
Carries out all functions in accounts payable accounting with an emphasis on setting guidelines and period-end closing for Ireland.

General Ledger Accountant for Sweden: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Sweden.

Asset Accountant for Slovakia: (is an add-on role to the Asset Accountant)
Capitalizes costs of assets during purchasing and production processes, defines depreciation parameters, and records depreciation. Ensures correctness, completeness, and documentation of the balance sheet for fixed assets (for Slovakia).

Accounts Payable Manager for Japan: (is an add-on role to the Accounts Payable Manager)
Carries out all functions in accounts payable accounting with an emphasis on setting guidelines and period-end closing.

General Ledger Accountant for Saudi Arabia: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements for Saudi Arabia.

Accounts Payable Manager for Belize: (is an add-on role to the Accounts Payable Manager)
Carries out all functions in accounts payable accounting with an emphasis on setting guidelines and period-end closing for Belize.

General Ledger Accountant for Oman: (is an add-on role to the General Ledger Accountant)
Carries out the most important functions in general ledger accounting with a special focus on creation and execution for United Arab Emirates.

Asset Accountant for Poland: (is an add-on role to the Asset Accountant)
Capitalizes costs of assets during purchasing and production processes, defines depreciation parameters, and records depreciation. Ensures correctness, completeness, and documentation of the balance sheet for fixed assets in Poland.

General Ledger Accountant for United Kingdom: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements.

General Ledger Accountant for India: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements for India.

General Ledger Accountant for Belgium: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Belgium.

General Ledger Accountant for Indonesia: (is an add-on role to the General Ledger Accountant for Indonesia)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements.

General Ledger Accountant for Japan: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements in Japan.

General Ledger Accountant for Denmark: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Denmark.

Accounts Payable Manager for Italy: (is an add-on role to the Accounts Payable Manager)
Carries out all functions in accounts payable accounting with an emphasis on setting guidelines and period-end closing in Italy.

Asset Accountant for Luxembourg: (is an add-on role to the Asset Accountant)
Capitalizes costs of assets during purchasing and production processes, defines depreciation parameters, and records depreciation. Ensures correctness, completeness, and documentation of the balance sheet for fixed assets (for Luxembourg).

General Ledger Accountant for Spain: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements.

General Ledger Accountant for Serbia: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Serbia.

Asset Accountant for Serbia: (is an add-on role to the Asset Accountant)
Capitalizes costs of assets during purchasing and production processes, defines depreciation parameters, and records depreciation. Ensures correctness, completeness, and documentation of the balance sheet for fixed assets in Serbia.

Accounts Payable Manager for Philippines: (is an add-on role to the Accounts Payable Manager)
Carries out all functions in accounts payable accounting with an emphasis on setting guidelines and period-end closing.

General Ledger Accountant for Finland: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Finland.

General Ledger Accountant for Malaysia: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements.

General Ledger Accountant for Czech Republic: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in the Czech Republic.

Accounts Payable Manager for France: (is an add-on role to the Accounts Payable Manager)
Carries out all functions in accounts payable accounting with an emphasis on setting guidelines and period-end closing.

General Ledger Accountant for Singapore: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements.

General Ledger Accountant for Australia: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements for Australia.

Accounts Payable Manager for Belgium: (is an add-on role to the Accounts Payable Manager)
Carries out all functions in accounts payable accounting with an emphasis on setting guidelines and period-end closing.

General Ledger Accountant for Switzerland: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in  Switzerland.

General Ledger Accountant for Portugal: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Portugal.

General Ledger Accountant for Philippines: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements.

General Ledger Accountant for South Africa: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements.

General Ledger Accountant for Thailand: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements in Thailand.

Accounts Payable Manager for Saudi Arabia: (is an add-on role to the Accounts Payable Manager)
Carries out all functions in accounts payable accounting with an emphasis on setting guidelines and period-end closing in Saudi Arabia.

Cash Manager for Malaysia: (is an add-on role to the Cash Manager)
Executes cash transactions and centrally manages bank accounts with a wide range of attributes, including overdraft limit and signatories, utilizing approval process for opening or closing bank accounts, and the regular inventory/auditing process.

Accounts Payable Manager for South Korea: (is an add-on role to the Accounts Payable Manager)
Carries out all functions in accounts payable accounting with an emphasis on setting guidelines and period-end closing in South Korea.

General Ledger Accountant for France: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements in France.

Accounts Receivable Accountant for Poland: (is an add-on role to the Accounts Receivable Accountant)
Carries out the most important functions in accounts receivable accounting in Poland.

General Ledger Accountant for Canada: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements.

Accounts Payable Accountant for Australia: (is an add-on role to the Accounts Payable Accountant)
Is responsible for reporting payment info.

Cash Manager for Indonesia: (is an add-on role to the Cash Manager)
Executes cash transactions and centrally manages bank accounts with a wide range of attributes, including overdraft limit and signatories, utilizing approval process for opening or closing bank accounts, and the regular inventory/auditing process.

General Ledger Accountant for Germany: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Germany.

General Ledger Accountant for Poland: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Poland.

Tax Accountant - Legal Reporting : 
Performs generation, review and submission of statutory reports to authorities.

General Ledger Accountant for Ireland: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Ireland.

General Ledger Accountant for Croatia: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Croatia.

General Ledger Accountant for Taiwan: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements in Taiwan.

Accounts Payable Manager for Portugal: (is an add-on role to the Accounts Payable Manager)
Carries out all functions in accounts payable accounting with an emphasis on setting guidelines and period-end closing in Portugal.

General Ledger Accountant for USA: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in the U.S.

General Ledger Accountant for Peru: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Peru.

General Ledger Accountant for Hungary: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Hungary.

Accounts Payable Manager for Spain: (is an add-on role to the Accounts Payable Manager)
Carries out all functions in accounts payable accounting with an emphasis on setting guidelines and period-end closing in Spain.

General Ledger Accountant for Netherlands: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in the Netherlands.

Accounts Payable Manager for USA: (is an add-on role to the Accounts Payable Manager)
Carries out all functions in accounts payable accounting with an emphasis on setting guidelines and period-end closing.

General Ledger Accountant for Chile: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements for Chile.

General Ledger Accountant for South Korea: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements in South Korea.

General Ledger Accountant for Israel: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Israel.

General Ledger Accountant for Turkey: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements for Turkey.

Accounts Payable Manager for Malaysia: (is an add-on role to the Accounts Payable Manager)
Carries out all functions in accounts payable accounting with an emphasis on setting guidelines and period-end closing.

Accounts Payable Manager for Indonesia: (is an add-on role to the Accounts Payable Manager)
Carries out all functions in accounts payable accounting with an emphasis on setting guidelines and period-end closing in Indonesia.

General Ledger Accountant for Argentina: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Argentina.

General Ledger Accountant for Egypt: (is an add-on role to the General Ledger Accountant)
Carries out daily activities in general ledger, for example by recording transactions and making adjustment postings, and prepares financial statements.

General Ledger Accountant for United Arab Emirates: (is an add-on role to the General Ledger Accountant)
Carries out the most important functions in general ledger accounting with a special focus on creation and execution for United Arab Emirates.

General Ledger Accountant for Bulgaria: (is an add-on role to the General Ledger Accountant)
Carries out the tax and financial reporting tasks needed to fulfill the legal requirements in Bulgaria.