Tax Data Management
Organize tax data and calculations by tax type and period, with business and accounting sources available for review. Businesses submit returns and pay taxes themselves.
See what this module handles, how to review it and how its results reach the ledgers.
Organize tax records by type and filing period
Organize supported tax records by the company's current tax types and filing periods. Covered areas include VAT and surcharges, quarterly corporate income tax prepayments, payroll income-tax calculations and stamp-tax contract records.
Review tax data against confirmed business facts
Tax data is based on actual business activity and confirmed tax facts. Review the sources in invoices, payroll, contracts and accounting records; add missing information explicitly instead of filling it with guesses.
Keep calculations separate from actual filing status
The system calculates supported amounts and prepares filing information, and can record the business's actual submission, acceptance, receipt and payment details. A calculation does not mean a return was filed or tax was paid.
Trace tax figures back to their accounting sources
When data needs correction, update the related business, tax-source or accounting record and review the period again. The system organizes tax work; it does not submit returns to tax authorities or pay tax for the business.
