Table of Contents

Initial setup of the 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:
Field Description
Entry No. Enter the record number in any form.
Name Specify the category name. Category names must correspond to the names used when filling out Declaration Form 4.
Tax rate Enter the tax rate as a decimal number, not as a percentage. That is, not 14%, but 0.14.
Validity Date From Enter the start date for the period for which this rate will be valid.
Validity Date To Enter the end date for the period for which this rate will be valid.