Grid Toolbar

Expand Toolbar (Alt+F9)

Expand the toolbar to give access to all toolbar options. Press Esc to close the expanded toolbar.

Edit (F11)

Edit the tax regime fields.

Insert (F4)

Insert a new Tax Regime. The drop-down list shows the tax regimes supported by Accredo. You must have the corresponding currency installed to add a regime. Once a Regime is added, it cannot be deleted, but it can be set to Inactive.

Currently supported Tax Regimes are:

Fields

Tax Regime

Select the Tax Regime Code.

Regime Code

The Tax Regime Code. This is often the same as the country code. If the selected Regime is the Base Regime for the Company, this will be shown.

Regime Name

The Tax Regime name. This is often the same as the Country name.

Currency Code

Currency code of the Regime. Read Only.

Rounded

Selected, GST returns will be rounded to whole currency units.

Tax Name

The name of the tax in the Regime. In New Zealand and Australia, this will be GST.

Tax Basis

Select from:

• Invoice (Accruals)
• Payments (Cash)
• Not Registered

The Tax Basis affects the data presented in the Tax Return.

This cannot be changed here after transactions have been entered. See Change Tax Basis to change a Tax Basis after transactions exist.

Tax No

The Company's Tax number for the Regime. This is used on Documents and Tax Returns. In New Zealand, this will be the company GST No, and in Australia this will be the company ABN. This is required unless the Tax Basis is Not Registered.

Tax No Name

The name of Tax Numbers in the Regime. In New Zealand this is GST No, and in Australia this is ABN.

Business No

The Company's Business Number for the Regime.

Business No Name

The name of Business Numbers in the Country. In New Zealand this is NZBN.

Default GST Code

The default GST Code. This can also be set on the Codes tab. This is set when the regime is added, and should not need to be changed.

Tax Return Count

The number of months or periods reported per Tax Return. This is used to create the Tax Return records for the regime.

Tax Return Interval Unit

Unit for Tax Return Count.

• Months, (default) Start and End dates for GST Returns will align with calendar months.
• Periods, Start and End dates for GST Returns will align with financial periods. Select where Periods do not align with calendar months, and there is an arrangement with the tax office to report based on financial periods.

Note: Changing GST Regime Interval Unit from Month to Period or vice versa recalculates return dates for current and future GST Returns.

Last Tax Date

The date tax was last accepted.

Next Tax Date

The date of the next tax return.

Website

The website for the tax office. Click Visit Web Site (Ctrl+W) to open.

Last Filed Date

The date a tax return was last filed.

Last Transaction Date

The most recent date the Tax Basis or Tax Rate changed. Transactions occurring before this date are locked for allocation or unallocation.

Allow Return Reopening

Selected, the most recent closed Tax Return can be re-opened.

Inactive

Selected, the Tax Regime is inactive and cannot be selected. The Base Regime cannot be set to Inactive.

Buttons

Save (F9)

Save changes.

Cancel (Esc)

Discard changes and close the form.