Tax information view is found in Management > Accounting info > Tax information. specifies VAT and employer payments and information regarding taxes and payments.
Click the Save button to save the taxing information updated in the view.
For the tax return period you can select VAT: 1 month, or 3 or 12 months; Employer’s contributions and other self-initiated taxes: 1 month or 3 months.
In the Tax account reference field, you enter the payment reference number submitted by the tax authority. Entering this constant reference number of the periodic tax return is especially important to be able to address these payments to the tax authority.
From the drop-down list of the Income tax announcement field, you select which income tax announcement form is used in the environment.
In the tax payment bank account field, you enter the bank account number for tax account payments submitted by the tax authority.
The Account field contains the name of the account where the tax account transactions are posted in accounting. The default account is 2935 Tax account transactions. Once you have entered the account, you cannot change it any more.