SYSTEM SETUPSYSTEM SETUP\PAYROLL - SETUP TABPAYROLL - SETUP TAB\TAX RULES

TAX RULES

My Daily Work à System Setup à Payroll à Tax Rules.

1.      To add a new record, click New, to change click Edit.

2.      To configure a Tax Rule record, enter the following data:

o   Specify the required information relevant to this tax rule Basic Data, Annual Exemption & Special Tax Parameters data.

o   Specify the tax calculation Method & Formula for the first tax & the second Tax; if required.

o   Tax Rates: Specify the annual tax slices’ details as per the country tax rule ‘Method’.

3.      User can Determines the validation period from start date to end date, also can attach any file determining its Description & Entry date.

 

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