Adding Tax Accounts

Use the ICT Tax Accounts screen to post expense-separately taxes to separate G/L accounts in the destination company for each tax authority.

To add a tax account:

1. Open Intercompany Transactions > ICT Setup > Tax Accounts.
2. In the Originator column, select the originating company.
3. In the Tax Authority column, select a tax authority for the originating company.

   Note: The tax authority must already exist in the originating company.

4. In the Destination column, select the destination company.
5. In the Tax Account column, select a tax account to which you will post expense-separately taxes.

   Note: The tax account must already exist in the destination company.

6. Click Save.