Accounting › Close & Compliance
Tax
What a code is, how a rate is found, which one applies, what the return should say, and what is deducted at payment.
In Accounting → Close & Compliance · 16 screens
| Screen | Kind | What it is | Columns | Fields | Actions |
|---|---|---|---|---|---|
| Tax Codes | List | What a document line carries. Zero-rated, exempt and out of scope all show 0.00 on the invoice and are three different things on the return. | 10 | 18 | 0 |
| Tax Rates | List | What a code is worth on a date. A rate change is a new row, never an edit — an invoice raised before the change keeps the old rate forever. | 9 | 10 | 0 |
| Tax Determination | List | Which code applies, in priority order, first match wins. This IS the tax engine; everything else is bookkeeping around it. | 10 | 24 | 1 |
| Exemption Certificates | List | A certificate that has expired is the commonest cause of an assessment, so the expiry is a column rather than a note. | 11 | 11 | 0 |
| Tax Transactions | Read-only list | Every tax amount on every document, with the TAXABLE BASE the ledger never held. A return cannot be produced without it. | 11 | 0 | 0 |
| Tax Returns | List | A period, the boxes, what the ledger says each should contain, and what was actually filed. A declared figure that differs from the ledger carries a reason. | 13 | 8 | 3 |
| Tax Summary | Read-only list | What the return should say, straight from the transactions — the calculation a preparer sees before typing anything. | 10 | 0 | 0 |
| Return Templates | List | The shape of a form. A VAT return has boxes, a GSTR-1 has tables, a sales tax return has schedules — all three are "a named slot with a rule for what goes in it". | 10 | 12 | 0 |
| Return Boxes | List | A box is filled from tax transactions, or it is arithmetic over other boxes. A box that is the sum of two others is not stored twice. | 8 | 10 | 0 |
| Tax Jurisdictions | List | Where tax is levied, nested — a US sale carries state and county and city tax at once, and they are three postings. | 9 | 14 | 0 |
| Tax Authorities | List | Who levies it, under which registration, and where a return is filed. | 7 | 9 | 0 |
| Tax Classifications | List | What the item IS for tax purposes. A chocolate biscuit and a cake are the same category and different VAT rates — a real case that went to court. | 7 | 8 | 0 |
| Withholding Types | List | Deducted at payment, remitted to the authority, and certified to the supplier. Three obligations from one deduction. | 9 | 17 | 1 |
| Withholding | List | What was deducted, from whom, and whether the certificate the supplier will ask for in April has been issued. | 12 | 16 | 0 |
| Deferred Tax Items | List | Temporary differences between the accounting base and the tax base. Almost universally kept in a spreadsheet, and the reason the tax note is the last thing finished at every year end. | 9 | 17 | 1 |
| Deferred Tax | Read-only list | The two bases, the difference, and the asset or liability it gives rise to — computed rather than typed, so the tax note reconciles. | 11 | 0 | 0 |