Question
A retail company has outlets in multiple locations. Taxes vary depending on the location.
You need to configure the various components of the tax framework.
In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.
Explanation
Begin with the main accounts and ledger posting groups, because sales tax codes post to those accounts. Then set up the sales tax authorities and settlement periods, which each sales tax code references. Next create the sales tax codes, then group them into sales tax groups and item sales tax groups. Finish with the sales tax parameters on the application parameter pages.
