Description
This report compiles a list of taxes and dues, prepaid expenses, anddonations as required by law.
The taxes and dues list covers all the tax paid during the currentfiscal year (except for taxes on sales/purchases and withholding tax).The donations are divided into three categories in accordance withKorea's tax laws.
The report shows the description of each transaction and its recipient.

Precondition
When you make a posting to any of the accounts for taxes and dues,prepaid expenses, or donations, you must enter a description of thetransaction in the Text field (BSEG-SGTXT), and in theReference key 3 field (BSEG-XREF3) the recipient (of thedonation, the taxes and dues, or the prepaid expenses).

Output
At the top of the list, the time period (posting date), the title ofthe report, and the name of the company code are shown.
At the top of every page, the VAT registration number of the companycode's main business place is shown.
Every line in the list shows the following:

• Name of the G/L account (SKAT-TXT20)


• Description (BSEG-SGTXT)


• Recipient (BSEG-XREF3)


• Amount (BSEG-DMBTR)

At the end of the list, the total amount is shown.

Example

Taxes and dues
Dr: Taxes and dues
Reference key 3: Kang-Nam tax office,
Text: Education tax
Cr: Bank

Prepaid expenses
Dr: Prepaid expenses
Reference key 3: Vendor XY
Text: Plants for the office
Cr: Cash office

Donations
Dr: Donations
Reference key 3: University of Seoul
Text: 50 PCs
Cr: Investments
Output tax (based on market value)