Posted provision amounts are reclassed between entities in the Payable Entry option in the system. The reclass allows for multiple companies to transfer the provision tax amounts to a single parent unit (or paying unit). The system transfers the entire tax from the unit where it was originally posted to the parent unit.

See Payable Reclasses for more information about the Recalc Payable Reclasses option.

 

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Note: The Recalc Payable Reclasses option is available once you add a dataset and system parameter.

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