E.2 Internal Lease Tax Calculation
This topic provides information on the internal calculation of taxes for lease transactions based on configured tax rules, lease terms, and applicable billing parameters.
In this method, the lease sales and usage tax details are updated and computed within OFSLL using the Setup, Origination and Customer Service modules.
This section contains the following details:
- Sales Tax Setup
This topic provides information on the configuration of sales tax within the system, including the setup of tax rules, rates, and parameters applicable to lease transactions. - Sales Tax Calculation at Origination
This topic provides information about the sales tax calculation during the lease origination process. - Tax Calculation at Customer Service
This topic provides information about calculating applicable taxes during customer service operations for an account or lease.
Parent topic: Appendix : Lease Sales and Usage Tax