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Object documentationSpecific Tax Type Attributes - Setup Window: Brazil and India Locate this document in the navigation structure

 

Use this window to define tax attributes and control fields for tax posting.

To open this window, choose   Administration   Setup   Financials   Tax   Tax Types  , then select a tax type name and choose Attribute Values.

Specific Tax Type Attributes - Setup Window Fields
Code

Specify a tax code.
Purchasing Tax Account

Specify a tax account for the purchasing transactions.
Sales Tax Account

Specify a tax account for the sales transactions.
Included in Price

(Brazil localization only)

Price includes tax.

Note Note

Selecting this field enables the AP Tax Expense Acc and AR Tax Expense Acc fields, but disables the Non Deductible % field.

End of the note.
Included in Gross Revenue (IPI/PIS/COFIS)

(Brazil localization only)

Gross Revenue amount includes the tax when you post sales transactions.

Note Note

Selecting this field enables the AR Tax Expense field.

End of the note.
Exempt

(Brazil localization only)

Indicates the exempt status; used for free tax zone-related transactions.

Note Note

The field is applicable to sales and purchase transactions only.

Selecting this field enables the AP Tax Expense Acc and AR Tax Expense Acc fields, but disables the Non Deductible % field.

End of the note.
Purchasing Tax Expense Account

(Brazil localization only)

Specify the tax expense account for purchasing transactions.

Note Note

This field becomes available only after you choose Included in Price or Exempt.

End of the note.
Sales Tax Expense Account

(Brazil localization only)

Select the tax expense account for sales transactions.

Note Note

This field becomes available only after you choose Included in Price or Exempt.

End of the note.
Non Deductible %

Specify the non-deductible percentage.

Note Note

This field is available only when Included in Price or Exempt is not selected; otherwise, its value is 0.

End of the note.
Non Deductible Account

Define the account for non-deductible amounts.

Note Note

This field is available only when Non Deductible % is not 0.

End of the note.
Effective From

Indicates the start of the current valid period.
Attribute x

Displays the attributes configured in Tax Type Definition by parameter.
Valid Period

Opens the Valid Period window for defining the valid period for each attribute.
Valid Period - Setup: Specific Tax Type Window
Effective From

Specify the start of the valid period.
Attribute x

Displays the attributes configured in Tax Type Definition, by parameter.

Note Note

If a numeric attribute type is left blank, the system takes 0 as its value.

End of the note.

More Information

Tax Types - Setup Window: Brazil and India