Toolbox

Toolbox configuration

In the master data dialogue Toolbox you can select the configuration for actual tax calculation (calculated in the Current Taxes dialogue in the Company tab) for every country created in the Countries dialogue. First of all select the relevant period and country in the dialogue header. Different configurations can be made for every country and every period.
Toolbox configuration is not possible for countries with tax laws Germany, Austria, Switzerland. These countries already have their individual tax calculation procedure in the GTC.

Next you can activate or deactivate optional lines (grey font / white background) by clicking on them. Some lines are fix and cannot be changed (grey background).

The Current Taxes dialogue look in the Company tab changes according to the toolbox configurations:

Copy settings
Toolbox is usually configured manually, you activate the required lines by selecting the corresponding checkboxes. The Copy Settings function offers another possibility of toolbox configuration:

(Toolbox settings) …copy to country
This option offers a possibility to copy toolbox settings of the selected country to other countries. The 'Select Options' dropdown list contains all countries of the selected period. You can select one or several countries.
If the Delete existing settings checkbox is activated, toolbox settings of the country to which the information is copied are overwritten. If the checkbox is deactivated (see the figure above), the settings are preserved and the copied configuration is added to the existing. The checkbox is deactivated by default.

(Toolbox settings) … copy to period
Using this option you can copy configuration of the selected period and country to another period. Select the required period from the dropdown list, you can also select several periods. The copy is relevant only for the currently selected country.

(Toolbox settings) … export to file
Already selected toolbox configurations can be exported to an Excel CSV file (in addition to a normal Excel view). There is a possibility to export all countries to an Excel CSV file (identical checkboxes have to be activated).

(Toolbox settings) … import from file
Excel CSV files can be imported to the GTC. Manual toolbox configuration is not possible when selecting this option. Once imported, the GTC reports about the successful import with the corresponding message in the dialogue header.

Theoretical background: toolbox tips
Calculation of current taxes in the GTC is especially important for generation of TRR. German companies can collect their data in tax detail dialogues (Einkünfte, KSt 1A etc.) and in the Current Taxes dialogue in accordance with country-specific tax requirements.
This detailed tax data collection is available ONLY for the companies assigned to Germany (country). Exceptions are Switzerland and Austria. It is recommended to use toolbox to ensure a country-specific tax calculation.
The toolbox supports correct country-specific tax calculation. Using toolbox GTC users have to answer fewer tax-related questions. This is not only time-saving but also increases data quality in the GTC and informational value of TRR.
More than 200 rows are usually available for the configuration of tax calculation. In addition, there is a possibility to extend the row options in the GTC. Only the grey-highlighted fields are required in the TRR dialogue and cannot be changed:

Recommended procedure to configure toolbox
A detailed preliminary analysis is necessary for a targeted initial toolbox configuration (as few rows for the country-specific issues as possible). Therefore it is recommended to configure the toolbox in close cooperation with the local tax department or tax consultant of the selected company.