Register legal effective tax rate

[Register legal effective tax rate] allows you to register "Legal effective tax rate" and "Entered period range for the deferred tax accounting" that are required to execute the deferred tax accounting.  The legal effective tax rate is auto-calculated based on "Corporation tax rate," "Inhabitant tax rate," "Business tax rate" or "Legal effective tax rate formula" that are set up in [Parameter setup].  The calculation results can also be modified manually. 
 → To Operation Procedure

Screen Transition

[Deferred tax accounting module]
  ↓
[Register]
  ↓
[Register legal effective tax rate]
  ↓
[Register legal effective tax rate] screen

Item Setup

[Header]

• Accounting year
  Select the accounting year.
• Entry period
  Set up the entry period for the deferred tax accounting.  Select one of the following: "Term," "Quarter," "Half-year" or "Year."  As an exception, when, for the accounting year, some entry is already made in [Tax consequences worksheet entry], no modification is allowed.
• Corporation tax rate (X)
  Corporation tax rate that has been set up in [Parameter setup] of [System custodian module] is displayed.  
• Inhabitant tax rate (Y)
  Inhabitant tax rate that has been set up in [Parameter setup] of [System custodian module] is displayed.
• Business tax rate (Z)
  Business tax rate that has been set up in [Parameter setup] of [System Custodian Module] is displayed.
• Formula
  A formula that has been set up in [Parameter setup] of [System custodian module] is displayed.

[Spread]

• Closing date
  The last date of the entry period is displayed.  The closing date is not displayed when the specified accounting year is the next accounting year.
• Legal effective tax rate
  Legal effective tax rate is calculated and displayed based on the registered formula.  Modification can also be allowed.  However, you cannot change the rate for the period of which the "Executed" checkbox is ON.  Fractions given from the calculation will be managed in accordance with "Deferred tax fraction adjustment" that is set up in [Parameter setup] of [System custodian module].
• Executed
  A checkbox for the period of which you already made some entry in [Tax consequences worksheet entry] will be ON.

[Buttons]

• Refer
  Clicking this button allows you to make a reference for the legal effective tax rate data on the accounting year.
• Clear
• Updt Sum
  Clicking this button recalculates the legal effective tax rate, based on "Corporate tax rate," "Inhabitant tax rate," "Business tax rate" or "Legal effective tax rate formula."  Recalculation is not made for the period of which the "Executed" checkbox is ON.
• Save
• Delete
  Clicking this button deletes the legal effective tax rate data.  However, recalculation cannot be done for the period of which the "Executed" checkbox is ON.
• Print
• Exit