Many asset based bills, such as property taxes, cover a single revenue year. They are usually created all at once and in advance to meet statutory requirements for notifying taxpayers However, other bill types may have differing cycles. Vehicle taxes, for example, may be billed on the anniversary of the registration date.
The product provides a batch process that will create pending bills for a given revenue period and tax type. It creates bills for all active tax roles for the tax type and it expects the appropriate obligation to already exist.
Your tax types may be configured to create obligations at the appropriate intervals. Refer to the section on maintaining obligations in Configuring Tax Types for more information.
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