How do I add a taxing entity?

Create a new record to record a taxing entity.

A taxing entity is an organization that taxes individuals or organizations. Use Taxing Entity to set up a new taxing entity, edit an existing taxing entity, or remove a taxing entity.

Example: School district, Water district, Cemetery district

Contents

Adding a taxing entity
Taxing entity contact information
Taxing entity rates
Taxing entity GL accounts
Taxing entity exemptions

Adding a taxing entity

1. Open Connect Property Tax Collection > Taxing Entities > Setup New Taxing Entity.

Taxing entity contact information

Taxing entity exemptions

Taxing entity GL accounts

Taxing entity rates

2. Click Save (CTRL+S).

The taxing entity is saved.

202005, 2020Apr20

Taxing entity contact information

Add the taxing entity name, address, telephone numbers, and email address. The Meeting Information box is for information only. You can add when the taxing entity meets to the taxing entity record.

Taxing entity tab

Taxing entity rates

Add the rates the taxing entity will use to calculate billing. You can set up multiple rates to address the tax structure for the taxing entity. To add a new tax rate, click Add a New Rate .

Rates tab

Period

Select a taxing period. If the taxing period is not included in the list, see How do I add a period?

Proposed rate

Enter the proposed tax rate for the taxing entity. The proposed tax rate is the tax rate that is being voted on.

Certified rate

Enter the certified tax rate for the taxing entity. A tax rate is certified when the proposed tax rate is passed by the voters.

Description

Enter a rate description. This field is optional.

Taxing entity GL accounts

Set up the default GL accounts for the taxing entity. Connect will use the default GL accounts to create transactions for accounts receivable, bad debt, interest revenue, penalty revenue, and tax revenue. The GL account must be a valid account. Partial GL accounts are not allowed.

GL Accounts tab

Taxing entity exemptions

Add exemptions that apply to the taxing entity. Example: Building record exemption, Land record exemption

What if the exemption is not listed? To add an exemption to the exemption list, see How do I add an exemption?

On the Exemptions tab, click Add an Exemption .

Add an Exemption button on the Exemptions tab