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How to best use P14

edited Dec 8, 2020 4:31PM in Tax Reporting (Direct Tax) 3 comments

Summary

Best Practices for using P14

Content

I am new to TRCS and have not used P14 yet.  What is best practice for using this. A few items to covers: 1)What is the best way to populate P14 for GL tax and tax adjustments, rates FX. 2)Is population of the entire application in P14 normally needed.  Not every entity is audited each year or even has adjustments.  3)Right now I just want to to optimize the P14 process and show others how this might best be utilized in the future.  Thanks!

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