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Initial setup of IFRS-16 module

Setting up Land Categories Types

  1. Click the Search button, which will open the Search function, and enter Land Categories Types, then follow the corresponding link.
  2. Click the New button and fill in the following fields sequentially:
FieldDescription
Entry No.Enter the record number in any form.
NameSpecify the category name. Category names must correspond to the names used when filling out Declaration Form 4.
Tax rateEnter the tax rate as a decimal number, not as a percentage. That is, not 14%, but 0.14.
Validity Date FromEnter the start date for the period for which this rate will be valid.
Validity Date ToEnter the end date for the period for which this rate will be valid.
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