Tax Configuration
[caption id="" align="alignnone" width="767" caption="E-Business Tax Setup - Tax Configuration"][/caption]
Once you are done with the external dependencies, you can begin with Tax Configuration.
The checklist for tax configuration is as follows:
- Create Tax Authorities Party Tax Profiles
- Create Tax Regimes
- Create First Party Legal Entity Party Tax Profile
- Create Tax
- Create Tax Reporting Codes
- Create Tax Status
- Create Tax Jurisdictions
- Tax Recovery Rates
- Tax Rates
Only Tax Reporting Codes and Tax Recovery Rates are optional setups.
I am really looking for a sample setup document of eBTax preferably for the US. Please let me know if you can help me in anyway.
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