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Working with Tax Administration in Concur Expense Professional Edition
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Exploring the VAT Configuration Scenarios
Reviewing the VAT
Introducing the Value Added Tax (VAT)
1 min
Discovering Features and Types of VAT
11 min
Calculating VAT
3 min
Exploring Tax Administration
9 min
Summarizing the Value Added Tax (VAT)
1 min
Quiz
Exploring the VAT Configuration Scenarios
Introducing the VAT Configuration Scenarios
1 min
Working with Tax Rates and Tax Rate Types
15 min
Adding New Expense Types to an Existing Configuration
5 min
Working with Tax & Reclaim Groups
17 min
Configuring Non-Domestic VAT
12 min
Adding New Tax Authorities
6 min
Defining Employee Related Configurations
23 min
Exploring Canadian Taxes
9 min
Summarizing the VAT Configuration Scenarios
6 min
Quiz
Discovering the Additional Tax Configuration Details
Introducing the Additional Tax Configuration Details
1 min
Exploring the Supplemental Configurations
27 min
Explaining the Testing Tips
5 min
Defining Impact on the Standard Accounting Extract (SAE)
21 min
Summarizing the Additional Tax Configuration Details
1 min
Quiz
Reviewing the VAT
Introducing the Value Added Tax (VAT)
1 min
Discovering Features and Types of VAT
11 min
Calculating VAT
3 min
Exploring Tax Administration
9 min
Summarizing the Value Added Tax (VAT)
1 min
Quiz
Exploring the VAT Configuration Scenarios
Introducing the VAT Configuration Scenarios
1 min
Working with Tax Rates and Tax Rate Types
15 min
Adding New Expense Types to an Existing Configuration
5 min
Working with Tax & Reclaim Groups
17 min
Configuring Non-Domestic VAT
12 min
Adding New Tax Authorities
6 min
Defining Employee Related Configurations
23 min
Exploring Canadian Taxes
9 min
Summarizing the VAT Configuration Scenarios
6 min
Quiz
Discovering the Additional Tax Configuration Details
Introducing the Additional Tax Configuration Details
1 min
Exploring the Supplemental Configurations
27 min
Explaining the Testing Tips
5 min
Defining Impact on the Standard Accounting Extract (SAE)
21 min
Summarizing the Additional Tax Configuration Details
1 min
Quiz
Knowledge quiz
It's time to put what you've learned to the test, get 6 right to pass this unit.
1.
After selecting the New button to create a new tax rate type, the next step is to select the Done button.
Choose the correct answer.
True
False
2.
You have recently learned that Portugal is changing its reduced tax rate from 6% to 6.5% on the first day of next year. Where do you configure this?
Choose the correct answer.
On the Employee Related Configurations tab
On the Tax Rates page of the Tax Authorities tab
On the Tax Rate Types page of the Tax Authorities tab
On the Reclaim Rates page of the Tax & Reclaim Groups tab
On the Tax Rates page of the Tax & Reclaim Groups tab
3.
You want to set up and test your system so you can see the results of the tax calculations you just created for Denmark. How do you set this option?
Choose the correct answer.
Go to the Tax Authorities tab, and set the Tax Data on User Form to Read-Only for the Danish Tax Authority.
Go to the Tax Authorities tab, and set the Tax Data on User Form to Read-Only for all Tax Rate Types associated to the Danish Tax Authority.
Go to the Employee Related Configurations tab, and set the Tax Data on User Form to Read-Only for the configuration assigned to Denmark.
Go to the Tax & Reclaim Groups tab, and set the Tax Data on User Form to Read-Only for all groups assigned to the Danish Tax Authority.
4.
You've recently added a new expense type to your system. You've noticed that the system never calculates tax for this expense type. What area of the configuration should you check first?
Choose the correct answer.
Verify that the Tax Authority has the proper Tax Rate Types and correct Tax Rates
Verify the new expense type was added to a Tax & Reclaim Group
Verify that the proper Tax Authority has been created
Verify the user’s country has been assigned to a configuration on the Employee Related Configurations tab
5.
When configuring Tax & Reclaim Groups, which two settings are configured for determining reclaim amounts related to taxes?
There are two correct answers.
Receipt Status Options
Reclaim Options
Reclaim Default Option
Receipt Status Default Option
6.
When does a nondomestic VAT code come into play for individuals living within a Tax Authority?
Choose the correct answer.
When they incur expenses within the same Tax Authority.
When they incur expenses outside of that Tax Authority.
When they are setting up Tax & Reclaim Groups.
When they are filing their annual tax return.
7.
In the Canadian tax system, companies have two options to calculate and reclaim taxes: Actuals and Extraction Factors.
Choose the correct answer.
True
False