Tax Roles Can Maintain Obligations

For some tax types there is an ongoing obligation to file, such as sales tax. For these types of taxes, it may be beneficial to include logic to create future obligations based on the start date, end date, and filing frequency of the tax role. If the tax role dates or effective calendars change, it may be necessary to adjust the tax role's existing obligations to match.

The system provides a number of base algorithms designed to work together and in conjunction with the tax type configuration to manage a tax role's obligations. This section describes the processing that is triggered by key tax role changes and provides a summary of the configuration required to implement it.

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