Sales Tax Jurisdiction Reports & Query

Overview:

Use the Tax Jurisdiction Reports & Query window to limit transactions and find more detail regarding an amount to remit as payment to Tax Jurisdictions.

Benefits:

• Additional Selection Criteria allows the transactions to be identified more easily to review additional information

Roles:

• Controller

• AP Manager

Additional Content

• Sales and Use Tax Detail Report will show the transactions that had tax implications by Legal Entity OU Id and then by Parent Tax Jurisdiction

  • Shows Tax Paid and Tax Accrued separately

    • Adding these together is total tax for the date range

    • Total Accrued Amount should match the Accounts Payable for the Tax Jurisdiction Vendor

• Tax Journal Summary will show the Amount for the Jurisdiction by Legal Entity OU Id and then OU Id 

  • both Summary Totals need to be combined to find total tax for the date range

  • Note: this is not the total tax accrued to be remitted

• Tax Journal Detail will show the Amount for the Jurisdiction  by Legal Entity OU Id

  • No need to combine multiple totals as the Jurisdiction subtotal is for all OUs

  • Note: this is not the total tax accrued to be remitted

Location:

• Accounts Payable > Inquiries > Tax Jurisdiction Query

• PENTA Reports by Module > Job Management > Sales & Use Reports

Video: