QAD Enterprise Edition uses a concept called Tax Groups. With tax groups (and boxes), you can set up tax reporting. During normal transaction processing, the application populates the tax transaction with the tax group defined against the tax rates. For more information on taxes, see QAD Global Tax Management User Guide.

Define any new tax codes required to take advantage of new functionality such as Suspended/Delayed Taxes.

Tax boxes contain the individual elements of a transaction (for example, Tax Amount or Tax Base Amount, as they are reported in official returns to the authorities).

A tax group contains one or more tax boxes.

Add any new tax groups defined to the applicable tax rate.

The conversion creates one default tax group. This default is assigned to transactions until the required setup is defined.

This utility updates existing tax transactions with new tax groups added to a tax rate. The updating allows transaction processing to start without the definition of tax groups/boxes.