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.