Filing Period Obligations

Filing period obligations are one of the tax type specific obligation types. Examples of these tax types include individual income, sales and use, corporate, withholding, and fuel taxes. These are examples of return based taxes in which the taxpayer has the responsibility to file a return for each filing period obligation. There are usually statutory considerations when configuring these obligation types. You will want to consider the following when designing your obligation for these types of taxes.

Each tax type will have its own unique attributes that will change how the obligation is set up. The more details you add to your obligation type, the more robust your processing of that obligation will be. Before configuring for this obligation type you should thoroughly review the statutory considerations and make sure they are all addressed when setting up your obligation type.