Tax Reporting

You must check the prerequisites for tax reporting.

Based on the country specific tax regulations, you must check these reporting requirements on a periodic basis:

• Prepaid tax asset created on advances received from customers.
• Offset of prepaid tax asset created on advance receipts.

Note: An implementer can create a query to extract the data from data base tables. The advance receipt amount received is stored in DB tables ZX_TRANSACTION and ZX_TRANSACTION_LINES. Transaction tax data on advance receipts is stored in DB tables ZX_LINES_DET_FACTORS and ZX_LINES.