How to: Set Up Norm Jurisdictions
Norm jurisdictions are based on Russian tax laws that define a variety of tax rates. Norm jurisdictions are used to calculate taxable profits and losses in tax accounting. You can use the Norm Jurisdictions window to set up and define norm jurisdictions that can be used when you calculate tax differences.
To set up norm jurisdictions
In the Search box, enter Norm Jurisdictions, and then choose the related link.
Enter an identifying Code and Description for the norm jurisdiction that you want to set up.
On the Process tab, choose Groups to open the Norm Groups window.
In the Norm Groups window, enter the following information.
Field Description Code
Enter a code to identify the norm group.
Description
Enter a description for the norm group.
Has Details
Specifies if calculation details are defined for the norm group.
Search Detail
Select the method that you use for norm jurisdiction search. The options include To Date and As of Date.
Storing Method
Select Calculation if the norm jurisdiction is calculated with a specific formula. Leave this field blank if the norm is a constant value.
On the Process tab, choose Details to open the Norm Details window. In this window, you will define a constant tax rate for the norm.
In the Norm Details window, enter the following information.
Field Description Effective Date
Enter an effective date for the norm.
Norm
Enter a value for the norm. This value is used to calculate tax differences.
Choose the Close button to close the Norm Details window and save your entries.
The norm jurisdiction that you set up is now available for use in calculating tax differences.
See Also
Concepts
Tax Differences
Setting up Tax Difference Calculation
Tax Accounting
Tax Registers
How to: Create Tax Registers