Tax Return

1. Specify if there is Returned Tax for CBS

Use this processing option to specify whether the returned tax is applicable for CBS tax. Values are:

Blank: Do not enter returned tax.

1: Enter returned tax.

2. Enter Returned Tax Rate for CBS

Use this processing option to enter the returned tax rate for calculation of CBS tax. You must have the Specify if there is Returned Tax for CBS option set to 1 for the system to consider the returned tax rate you specify in this processing option. When you enter a rate and leave the amount blank, the system automatically calculates the returned tax amount on the basis of the rate. However, if you specify the amount, the system takes the amount for the calculation of the tax irrespective of the rate you specify.

3. Enter Returned Tax Amount for CBS

Use this processing option to enter the returned tax amount for the calculation of CBS tax. You must have the Specify if there is Returned Tax for CBS option set to 1 for the system to consider the amount you specify in this processing option. The returned tax amount that you enter always takes precedence over the returned tax rate.

4. Specify if there is Returned Tax for IBS State

Use this processing option to specify whether the returned tax is applicable for IBS State tax. Values are:

Blank: Do not enter returned tax.

1: Enter returned tax.

5. Enter Returned Tax Rate for IBS State

Use this processing option to enter the returned tax rate for calculation of IBS State tax. You must have the Specify if there is Returned Tax for IBS State option set to 1 for the system to consider the rate you specify in this processing option. When you enter a rate and leave the amount blank, the system automatically calculates the returned tax amount on the basis of the rate. However, if you specify the amount, the system takes the amount for the calculation of the tax irrespective of the rate you specify.

6. Enter Returned Tax Amount for IBS State

Use this processing option to enter the returned tax amount for calculation of IBS State tax. You must have the Specify if there is Returned Tax for IBS State option set to 1 for the system to consider this amount. The returned tax amount that you enter always takes precedence over the returned tax rate.

7. Specify if there is Returned Tax for IBS City

Use this processing option to specify whether the returned tax is applicable for IBS City tax. Values are:

Blank: Do not enter returned tax.

1: Enter returned tax.

8. Enter Returned Tax Rate for IBS City

Use this processing option to enter the returned tax rate for calculation of IBS City tax. You must have the Specify if there is Returned Tax for IBS State option set to 1 for the system to consider the rate you specify in this processing option. When you enter a rate and leave the amount blank, the system automatically calculates the returned tax amount on the basis of the rate. However, if you specify the amount, the system takes the amount for the calculation of the tax irrespective of the rate you specify.

9. Enter Returned Tax Amount for IBS City

Use this processing option to enter the returned tax amount for calculation of IBS City tax. You must have the Specify if there is Returned Tax for IBS City option set to 1 for the system to consider this amount. The returned tax amount that you enter always takes precedence over the returned tax rate.