When a tax form is posted, it is associated with an obligation for a specific filing period. Any financial transactions relating to the filing period will be created under this obligation. The obligation can be created in advance in anticipation of filing, such as in the case of business taxes or created at the time the form is posted, such as in the case of individual income tax.
The form type references one or more obligation types, and this information is used when determining what type of obligation to create for a specific tax form. Typically a form type would only reference one obligation type. For example, taxes such as sales and use, individual income, and corporate income would typically have one obligation type defined per form type. Both the C1–StandardTaxFormType and the C1–FilingCalendarTaxFormType base business objects support the definition of one obligation type on a form type.
There may be situations where a form type would be associated with more than one obligation type. These include business activity statements, estimated payments, audit forms. A different business object can be used to support these situations. Alternatively, the validation on the base business object can be disabled to allow more than one obligation type for a form type.
The obligation types defined for a form type are used to restrict the form type list for a specific tax type, when a user adds a tax form.
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