Before you can process tax withholding in Eagle Accounting, you must correctly set up entities and securities. During setup, you must make several elections at the account level and at the security master level that relate to tax processing. You must set up certain types of code values prior to setting up accounts and securities.
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Add Entity Tax Qualifier Codes
In the Codes workspace, you can define a set of values for the entity tax qualifiers using the ETAX QUALIFIER code category. Entity Tax Qualifiers are the second of two identifiers used to group accounts for tax accounting purposes — they further define the Entity Tax Type. For example, possible values include Taxable, Non-Taxable.
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