Thank you for supporting the Cloud Customer Connect Community in 2024. It's a gift to work with you!

Look back
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

How to set Progressive Tax Rate in TRCS?

Summary:

For a client we want to calculate Taxes based on the defined tax rate brackets with corresponding limits in entity currency.

Example-

  • 0 % for taxable income up to AED 375,000
  • 9 % for taxable income above AED 375,000

We need to check if anyone has done out of box set up to accommodate this requirement.

Your inputs are highly appreciated.

Content (please ensure you mask any confidential information):


Version (include the version you are using, if applicable):


Code Snippet (add any code snippets that support your topic, if applicable):

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!