Tax Declaration Netting Account Posting Rules
You can set up account posting rules that define the ledger accounts where Workday posts tax declaration netting journal lines based on these dimensions:
- Company.
- Tax authority.
You can configure these account posting rules for tax declaration netting transactions:
Account Posting Rule Type | Considerations |
|---|---|
Tax Declaration Netting Payables | Define the account used to record net amounts due to tax authorities based on tax declarations. |
Tax Declaration Netting Receivables | Define the account used to record net amounts due from tax authorities based on tax declarations. |