The topics in this section provide guidelines describing how to design obligation types. When designing obligation types you will want to consider what the obligation will be used for. Generally speaking, obligation types can be separated into two categories.
The first type of obligation type relates to the specific tax types of a tax authority. Examples of these include corporate tax and property tax. The specific tax type dictates how bills are handled and what collections activities are available to the tax authority.
The second type of obligation relates to specific events or transactions that require certain follow-up actions from the tax authority or taxpayer (or both). Examples of these include overpayment obligations and payment plan obligation. With overpayments, the tax authority has the responsibility to properly handle the excess credit a taxpayer has created with a payment. Payment plans are the responsibility of the taxpayer in that they are required to send in a series of payments on a predefined schedule. Each obligation must be monitored to ensure proper compliance.
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