Applying the Notional Tax Posting Feature to Transactions and Subsidiaries

After setting up the tax code, you must configure Supplementary Tax Calculation to define transactions and subsidiaries where the notional tax posting feature is applied.

To configure Supplementary Tax Calculation:

1. Go to Customization > Plug-ins > Plug-in Implementations.

2. On the Plug-In Implementations page, click the View link next to Supplementary Tax Calculation, and then click Configure.

3. On the Custom GL Lines: Configuration page, set the values for the following fields:

   • Transaction Type – Select the transaction types where you want to apply the notional tax posting feature.

   • Subsidiary (for OneWorld accounts) – Set the value to the applicable subsidiaries, or check the All box below the field.

   • Accounting Book (for Multi-Book Accounting) – Set the value to Primary Accounting Book only.

     Note:

     If you have multiple Custom GL Lines plug-in implementations in your account, you must configure the Supplementary Tax Calculation plug-in implementation for a unique set of transaction types, subsidiaries, and accounting books.

4. Click Save.

5. Go to Customization > Plug-ins > Manage Plug-ins.

6. Check the Supplementary Tax Calculation box.

7. Click Save.

Related Topics:

Posting Notional Tax Amounts

Setting Up Tax Codes to Post Notional Tax Amounts

EU Notional VAT

General Notices