Create Tax Clearance Voucher
Explanation
This activity is used to create a voucher to clear the tax account balances.
Prerequisites
In order to perform this activity:
- Tax transactions which have been fetched into the tax ledger must exist.
- Balance per Tax Account Info must have been updated using the Update Balance per Tax
Account process.
- If balances to be cleared should be based on Reported Tax, the transactions should be included in a
tax proposal with status Created, Acknowledged or Reported Valid.
System Effects
As a result of this activity, a tax clearance voucher will be created and placed in the hold table. The voucher
information is also placed in Tax Clearance Analysis page.