Master Data

For data sets in master data, unique codes (ID) must be assigned to clearly identify them. In some cases, the data set ID is assigned automatically by Income Taxes (e.g. when creating periods). For a country to be created, the ID must be specified by the user (e.g. DE for Germany; the ID can be freely chosen at this point).

Since data sets are not permanently deleted, please note that archived data IDs cannot be reused.

In the Master Data functional area, recorded data sets (e.g. countries or companies) cannot be permanently deleted. There is only the option to archive (that is, remove from view).

Within Income Taxes, most master data is maintained by period. One period corresponds to a set of master and transaction data for all associated companies. This can be an annual or quarterly financial statement, or a tax declaration as of a cut-off date. Among other things, this ensures that changes in group structures can be represented over time.

Within Income Taxes, you can select created periods and companies independently of each other for editing. Depending on whether a workspace is period-dependent, company-dependent, or both, the corresponding selection fields for period and/or company are available in the upper area of the respective workspace. This allows you to select the desired period and/or company that is to be viewed or edited.