IMPORTANT: This Step only needs to be done once. If you have run Tax Receipts in the past, please move on to:
- “Step 4: Income Taxes: How to Create an Income Tax Receipt Batch”
The user will setup the naming convention for their tax receipt – (i.e. TR, the sequence 000001.
With this setup the user will indicate the first number,
A. Next Value (first number on the receipt)
B. Value Prefix (if you wish to create a distinct receipt number i.e. TR, enter TR),
C. Value Suffix (same concept as Value Prefix however, Lettering will appear after the number),
D. Value Incremental (is the sequence of incrementing the value of the Next Value i.e., if I start with 1 the next value would be 2),
E. Padded Length (indicates number of zeros before the actual receipt number i.e. TR000001 total padded value would be 8),
F. Preview Number (allows the user to view an example to the tax receipt number).
NOTE: This information may be reset every year.
How to Setup a Tax Receipt Number
FIRST STEP:
- 1. Left Menu > Setup
- 2. System >Number Sequences
- Name – Tax Receipt Number
- Next Value – 1
- Value Prefix – TR
- Value Suffix -
- Value Increment – Should be set to 1
- Padded Length – 8
- Preview Number – Will show you what your format would look like
- 3. Click the Save Icon: to Save all changes
NEXT STEP: map out the number sequence.
- 1. Click the “+” icon: Add Number Sequence Mapping
- Type – Childcare Tax Receipt Number Sequence Select the number sequence.
- Number Sequence – Select Income Tax Receipt
- 2. Click the checkmark ✓ icon: to Save and return to previous screen
*Next Step: to continue, please see “Step 3: How to Setup a Tax Receipt Batch”