"Tax Authority Card" Scenario

Path: Tax Authorities

Accounting for tax calculations, employee deductions, and employee salary accruals is done through a vendor with the Tax Authority type. To create a new vendor, click the New button. For each tax, deduction, and social security accrual, at least one vendor card must be created (if the tax amounts for different subdivisions or employee groups need to be accounted for in different financial accounts, it is possible to create multiple vendors for one tax and further configure vendor posting groups and payroll posting groups). The vendor posting group setup must have values in the "Accounts Payable Account" fields.