Creating Tax Credit Names


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Creating Tax Credit Names

Use the Regional QuickCodes window to create various types of Tax Credit Names that let you categorize your tax rebates according to each Tax Credit Name. Accounting Flexfield segment values are also assigned to the Tax Credit Name in the Tax Credit Segment Range window.

To create Tax Credit Names:

1. Navigate to the Regional QuickCodes window (Canadian Globalization: Setup > QuickCodes)

2. In the Type field, choose Canada Tax Credit from the list of values.

3. Enter your Tax Credit Name that represents the rebate’s function in the Name field.

4. Enter a description that will help you identify the nature of your rebate’s function.

The Active check box is automatically enabled for your QuickCode.

5. Enter the date that you want the Tax Credit Name QuickCode to become inactive in the Inactive Date field.

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