New Features and Enhancements in Tax Reporting Summer 2023
The following new features have been introduced in the Summer 2023 release of Tax Reporting.
If you are upgrading from a previous version, see Upgrading to Tax Reporting Summer 2023. This provides a summary of the items that have been added for each feature and details of any required upgrade steps.
Enhancements and Renaming in Tax Reporting and Tax Codes
We have renamed the VAT Reporting package to Tax Reporting to adapt its name to the existing VAT Return Reporting functionality and the new Business Activity Statement functionality for Australian companies. We have also introduced the following enhancements.
New Business Activity Statement Object
We have created a new Business Activity Statement object so that you have all your data centralized in Tax Reporting.
For more information, see Australian Business Activity Statement.
Tax Groups and Tax Group Companies
We have renamed the VAT Group and VAT Group Company objects to Tax Group and Tax Group Company respectively to support Australian companies using the GST tax regime. We have also enhanced the setup process to assure consistency in the tax groups and their tax group companies.
For more information, see Creating a Tax Group.
Tax Reporting Permission Sets
We have renamed the Tax Reporting permission sets to adapt them to the existing VAT Return Reporting functionality and the new Business Activity Statement functionality.
For more information, see Permission Sets and Other Technical Documentation.
New Tax Box Mapping Details Section for Tax Codes
We have added a new Feature Console feature to add the Tax Box Mapping Details section and the fields required for VAT Return Reporting and Business Activity Statement to the Tax Code Layout page layout. We have also renamed the Net Box and Tax Box fields to VAT Net Box and VAT Tax Box respectively and added the new BAS Gross Box, BAS Net Box, and BAS Tax Box fields.
For more information, see Enabling Tax Box Mappings.
If you open the Help utility bar component from a Tax Reporting tab, you can now access the relevant Help page for that tab. This applies to the following tabs:
- Business Activity Statements
- Tax Groups
- Tax Groups Companies
- VAT Return Reports
For more information about the Certinia Help Lightning component, see Certinia Help Overview.