| # Tax Codes by Group Tax Code (tctax0139m000) Use this session to maintain or view the tax codes linked to a group tax code. To create a group tax code, define a tax code in the Tax Codes by Country (tcmcs0136s000) session and select the Group Tax check box. Related topics Setting up tax registration Setting up withholding tax and social contributions Country The tax country for which you maintain the group tax code. Group Tax Code The group tax code. Approved If this check box is selected, LN uses the tax codes to calculate and report tax amounts for transactions that have the group tax code. To approve a group tax code, select the tax code in the Tax Codes by Country (tcmcs0536m000) session and on the appropriate menu, click Approve. Caution! After you approve the group tax code, you cannot unapprove the code or change the tax code details. Related topics Setting up withholding tax and social contributions Tax Code The tax code linked to the group tax code. Tax rates defined fort he tax code apply to transactions that have the group tax code. Kind of Tax The kind of tax of the tax code. For details, refer to Kinds of tax Multiple Tax Data Starts the Multiple Tax Code Lines (tcmcs0535m000) session, which you can use to define and maintain multiple tax codes. Single Tax Rates Starts the Tax Codes by Country (tcmcs0536m000) session, which you can use to define and maintain single tax rates. Financial Tax Data Starts the Posting Data for Single Tax Codes (tfgld0571m000) or the Posting Data for Multiple Tax Codes (tfgld0570m000) session, which you can use to define and maintain the ledger accounts and dimensions for the tax amounts for the selected tax code. |