Taxes

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To create a bank receipt to record a tax refund received by a company:

1. Do one of the following:
   • To generate a bank receipt based on a source document, select or open the source document. Then, click Generate > Bank receipt. A source document can be a tax accruals document.
   • To create a bank receipt from scratch, go to Cash management and under Bank, click receipt. Then, in the Bank receipts list, click Create.
2. Specify general details:
   • Set Operation to Taxes.
   • Select Counterparty that a payment is received from.
   • Fill in Amount to indicate the total payment amount.
   • Fill in Account to indicate a company’s bank account for receiving the payment.
   • Fill in other fields as necessary.
3. On the Payment details tab, click add and specify payment allocation details.
4. Optional: To be able to trace the payment to the original planning document, on the Planning tab, specify planning documents that recorded a planned cash inflow. For details, see Planning tab.
   Note. This step is applicable if planning and forecast are enabled (the Cash flow projection checkbox is selected in Settings > Cash management, under Cash flow projection).
5. Optional: On the Additional information tab, specify additional information.
6. Click Post and close.

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