Tax Return Centre Fields

The Tax Centre in XoroERP offers a robust set of detail fields and options that empower users to effectively manage tax return processes. Users can delve into comprehensive tax return information, including detailed descriptions of tax lines/boxes, File Date, Amount Paid, Amount Due, Amount Due Period, and Return Status. This level of detail provides a clear understanding of tax return specifics, ensuring accuracy and compliance with tax regulations. Additionally, the centre enables users to make necessary adjustments and modifications to tax return entries before filing, streamlining the process and enhancing data accuracy.

Header Fields

Tax Form: This allows users to filter the search results as per a particular Tax Form which they can select from the options available in the dropdown.

Add Tax Installment: Allows users to add Tax Installment for the selected Tax Return record.

Context View (Right Click) Options

Add Payments: This functionality directs users to the Sale Tax Payment module within the XoroERP system, providing them with a seamless interface to add payments to the selected record effortlessly. Furthermore, users have the capability to make edits to the existing details associated with the selected Tax Return directly from this module.

Record Refund: Occasionally, there may be situations where your business is entitled to receive funds from the government, such as when you overpaid taxes or qualified for a tax refund. In such cases, XoroERP provides a convenient feature known as Record Refund, allowing you to process and record these refunds seamlessly.

To initiate a refund, start by navigating to the Tax Return Centre within XoroERP. Here, you'll find a comprehensive overview of your tax returns, including details like the Total Amount Due, which may sometimes show a negative value, indicating that the government owes you funds. Right-click on the specific Tax File for which you want to record the refund, and select the "Record Refund" option.

Upon selecting "Record Refund," a popup window will appear, prompting you to enter essential details such as the Time of the refund, the refund Amount, the Account to which the refund will be credited, and any other necessary information.

Once you've filled in all the required fields, simply hit the "Record Refund" button to finalize the process.

Recording the refund will automatically adjust the Total Amount Due to zero, indicating that the funds have been received and reconciled. Additionally, the status of the Tax File will be updated to "Paid," ensuring that your records accurately reflect the completion of the refund process.

View Payments/Refunds: This option allows users to view Payments and Refunds related to the selected record in a popup window. Here they can also delete a particular Payment or Refund.

View Filing Summary: Upon selecting this option, users are directed to the Tax File Summary displayed in a popup window, facilitating a comprehensive view of essential financial details such as the Amount, Exception Amount, Line Amount, and Balance associated with the selected record. Additionally, users can further explore the Exception Amount by clicking on it, which leads them to the Tax Exception Centre. In this dedicated area, users can gain insights into specific tax exceptions related to the selected record, enhancing their understanding and management of tax-related information.

View Exceptions: Allows users to view the Tax File Exceptions related to the selected record.

Void: This allows users to void the selected record and return the filed tax return. This will void the filed Tax Return only if there is no Refund or Payment recorded for it. Users will have to delete the payment/refund in order to void the tax file.

Header Icons

These functionalities are designed to meet diverse needs, ensuring users experience seamless navigation and effective management of customer information.

1. Refresh:

   • This empowering functionality allows users to refresh search results based on selected criteria, ensuring the displayed information is consistently up-to-date.

2. Save:

   • The Save feature preserves updated user interface (UI) settings, delivering a personalized and consistent experience for future interactions within the module.

3. Advanced Search:

   • Elevating customer information retrieval, the Advanced Search option enables users to conduct sophisticated searches by specifying criteria like Column Name, Operator, and Value. This facilitates precise and tailored information retrieval.

4. Columns:

   • Representing customizable criteria, Columns empower users to refine their searches further. The options in the dropdown menu for Columns dynamically adjust based on the active tab, ensuring relevance and convenience.

5. Download:

   • This versatile feature allows users to export and download data in various file formats, providing a summarized overview for quick reference. Options include CSV, TXT, MS-Word, MS-Excel, PDF, and MS-Excel(.xlsx), catering to diverse user preferences and use cases.