Adding A New Tax Role

When creating a new tax role, it may be necessary to create historic obligations to bring the tax role current as at the business date.

When a tax role is added, the system first determines if the tax role's tax type is configured to maintain obligations. If so, it checks the start date of the tax role. If the date is after the current business date, the system updates the tax role with a monitor date so that the obligations are created by batch processing when required

If the start date is in the past, the system performs the obligation creation processing real time. Obligations are generated for each obligation type linked to the tax role's tax type, using a Generate Obligations algorithm plugged in on the obligation type.