Use this activity to see if the tax rates have been copied up to the current year and detect any errors for an entity, involving tax rates and exemptions that could appear on tax statements. Review these values even if you carefully imported and entered entity rates, to verify that the rates are accurate prior to performing Levy.
Note Users cannot change exemptions after certification is complete. If you believe any data is incorrect, contact customer support.
In addition, all entities must be included, even BP and VIT only entities that you collect taxes for.
The Print Entity Tax Rates & Exemptions dialog box is displayed.
If the Entity Tax Rates report shows accurate current year tax rates and exemption amounts, then proceed to step 7, Modifying Tax Rates and Attorney Fees.
If the current year rates and exemptions do not exist on the report, then proceed to the step 6, Copying the Previous Year's Tax Rates.