Configure Legal Entity Reporting Parameters

The tax reporting parameters for US legal entities are located in the Quarterly/Annual Reporting Parameters tab of a selected legal entity.

Before You Begin: You need to enable the Legal Entity Property Bag feature under Org Setup > Org Setup > Org Payroll Setup > Legal Entity to access the Quarterly/Annual Reporting Parameters tab.

For example, Federal tax reporting requires that a legal entity report the kind of employer it is, its employment code, and optionally whether the business was terminated or its employees are eligible for retirement plans. You can also enter another Federal Employer ID Number (FEIN) for W-2 headers if the organization made changes within the tax year.

The state of Alaska requires a two-digit entry in the Alaska Geo Area code field, which specifies where the legal entity operates. This is illustrated in the following screenshot:

To enter the quarterly reporting parameters for a legal entity:

1. Go to Org Setup > Org Payroll Setup > Legal Entity and select a legal entity.
2. Click the Quarterly/Annual Reporting Parameters tab.
3. Click Add.
4. In the Start Date field, enter the start date and, optionally, in the End Date field, enter an end date.
5. In the State drop-down list, select a tax authority.
6. Enter or select values in the reporting parameters, as needed.
7. Click Save.

See US Legal Entity Specific Tax Reporting Parameters.