Example of Date Range for ISS Tax

Suppose you want to set up date ranges for invoices that are processed in March 2005. March 1, 2005, is a Tuesday.

ISS taxes are due on the 7th business day of each month, so the time that elapsed between each date that you process notas fiscais and the due date varies. For each date that you might process invoices, you must count the number of days between the GL date and the 7th day of the month following the GL date. When you set up the ranges for this month, you specify the date when the tax is due in the Fixed Days field on the Date Range Revision form, and you enter the date in the From Day and To Day fields. You also complete the Days To Add field with the number of days between the GL date of the nota fiscal and the due date.

This table includes the entry that you would make for ISS taxes for invoices that are processed in March 2005:

From Days	To Days	Days to Add	Fixed Days	Months to Add
1	1	37	7	0