Purpose
You run this report to determine the income tax your company has to payto each municipality in the specified period.
The system accesses revenues to calculate the accumulated amounts peractivity. It then applies themini agreement coefficientto determine the tax base for each municipality, which it thenmultiplies by the activity rate to find the tax amount.

Features

• The report can be used alike by companies that operate in a single
municipality as well as those operating in more than one.

• It supports reporting times defined differently in each municipality.

Prerequisites
INCLUDE FICA_AR_REV_REPORTS_TEXT1 OBJECT DOKU ID TX


• Activate Recording of Tax Data


• Define Specifications on Data To Be Recorded



• Define Report Groups


• Define Report Classifications


• Define Reporting Times and Scope of Data
per Municipality

• Assign Report Groups to Municipalities


• Maintain Mini Agreement Coefficients


• Maintain Municipal Tax Rates

INCLUDE FICA_AR_REV_REPORTS_TEXT2 OBJECT DOKU ID TX

Output
The report output displays three levels of information:
Detailed
This optional level shows a detailed list of all documents selected forthis run. The detailed list is sorted by official document number.
Summary
This level shows the revenue and tax amounts for each activity, perprovince and municipality, that should be submitted to the relevant taxauthorities.
Direct income tax
This level shows all income per province and municipality where thesales took place. This information can be used at the end of the fiscalyear to calculate the distribution coefficients for the next year.