General ledger> Setup> Profit tax> Ledger posting groups of profit tax

Use this form to set up the ledger accounts for tax on profit accounting posting group.

Task that uses this form

Navigating the form

The following tables provide descriptions for the controls in this form.

Tabs

Tab

Description

Overview

Set up the accounting tax on profit posting group.

General

View or modify the profit posting group.

Fields

Field

Description

Ledger posting group

Select the ledger posting group for tax on profit.

Description

Description of the ledger posting group.

CTA

Select an account for CTA (Constant Tax Asset) creation.

CTL

Select an account for CTL (Constant Tax Liability) creation.

DTA

Select an account for DTA (Deferred Tax Asset) creation.

DTL

Select an account for DTL (Deferred Tax Liability) creation.

Ledger account

The account for tax posting in the ledger.

Writing off DTL

Select an account for DTL write-off.

Writing off DTA

Select an account for DTA write-off.

Sales tax payable

The account for sales tax posting.

See Also