1. Implementing Tax
  2. When do I create a simulated transaction and when do I copy a subledger transaction in the Tax Simulator?

When do I create a simulated transaction and when do I copy a subledger transaction in the Tax Simulator?

Create a simulated transaction when you want to control the testing of specific transaction attributes or when you don't have transaction data available, such as for a new tax regime.

Copy a subledger transaction to examine either the transaction itself or your tax configuration. For example, when you want to:

  • Review tax calculation on a transaction that yielded correct but unexpected results.

  • Evaluate variations of a transaction to see the tax impact.

  • Evaluate major changes to your tax configuration.