QAD 2017 Enterprise Edition > User Guides > Global Tax Management > GTM Reporting > Tax Reports Overview
  
Tax Reports Overview
Tax reports are entity-dependent, and are based on the identification numbers defined for addresses in business relations: the tax IDs and the tax declaration number.
• If a tax declaration includes transactions for only a single entity, the tax declaration number and the identification number are the same. This is the most common case.
• If a tax declaration groups transactions for multiple entities, the tax declarant number and tax identification numbers are different.
To specify data for a report, select from one of five tax IDs for an entity:
• Federal Tax ID
• Miscellaneous ID 1-3
• State Tax ID (the European VAT registration number is stored in the State Tax ID field)
Some reports have an additional selection field, the Tax Declaration ID. At least one of the ID fields is mandatory. Only transactions that match all entered ID fields are included in the reports.
In general, all tax reporting is based on the tax period and tax point information. GL periods and posting dates are available as selection criteria only in the Tax vs. GL Period Reconciliation report.
Most tax reports let you select by the direction of the financial flow using an Input/Output parameter. Possible values are:
All
Input: Tax transaction direction is into your company, such as AR.
Output: Tax transaction direction is away from your company, such as AP.
If your organization operates in an EU member country, use the Intrastat and Extrastat reporting functions to generate reports on trade with other EU countries and with countries outside the EU. These are discussed in QAD Intrastat User Guide.
Other regional tax reports are available and described in Regional Tax Reports.
For US-based organizations, the 1099 reporting function produces an annual report for the IRS based on payments to suppliers. See 1099 Reporting.