Steps Tax Estimator - Create New Estimate

Navigate:ClosedTax > Levy Management > Tax Estimator > Tax Estimator - Search for an Estimate

Description

NOTE: This task may not apply to your jurisdiction.

Create a new tax estimate for a revenue object by defining the effective year, estimation type, and revenue object(s).

SETUP: See Levy Management, Levy Management Setup and Tax Estimator for any applicable prerequisites, dependencies and setup information for this task.

ClosedJurisdiction Specific Information

PTOC

  • The ability to compute prorated values and estimated taxes with the results available to print on a tax bill form is available. To accommodate this, Levy now executes the following additional processes:

  1. Calculates the estimated taxable values based on the data entered.

  2. Calculates the estimated tax amounts based on the data entered.

  3. Optionally create a miscellaneous charge in Accounts Receivable for collection.

  4. Prints the tax bill. 

  • Payments are collected into surplus and then after taxes are calculated in the subsequent year processing to be applied against the calculated taxes.

  • Fees for Mobile Home (Authentication Fee and CTD) are applied against the levy bill before the estimation. Flags are added to the properties so that they can be used for later processing to potentially abate (or refund) taxes for the next year after the advances are applied to estimated taxes.

  • If the Assessor has the new valuation and levy, then it is calculated on that. If it is early in the year, and the current year’s valuation and levy is unknown, the prior year’s valuation and levy (as directed by statute) are used. 

  • To accommodate this, four new estimation types (system-define systypes) were created for the Estimation Types dropdown field on the Create New Estimate screen (Tax > Levy Management > Tax Estimator > Tax Estimator - Search for an Estimate > Create New Estimate): 1.) Manufactured Home (destruction or relocation); 2.) Government Acquis/Change, 3.) Change to Taxable (exempt), and 4.) Personal Property Trust Fund (sale, relocation or closure of assets). In addition, new UDFs have been created for each of these four types and are available on the Data Entry tab of the Maintain Estimate Details screen (Tax > Levy Management > Tax Estimator > Tax Estimator - Search for an Estimate > Create New Estimate > Maintain Estimate Details).

  • Setup: Only the description, display order, and whether the systype is selectable for the four new estimation types can be changed via Configuration > Systypes > Select or Add a Systype. Set the effective date and select the systype category of Estimation Type. Click on any of the four estimation types to navigate to the Edit a Systype screen on which you can maintain the Description, Display order, and the Selectable checkbox.

Steps

  1. Select the Effective year.

  2. Select theEstimation type.

  3. Enter the PIN or AIN, and click Add to add the revenue object to the Selected Revenue Objects panel

    OR

  4. Click Search to search for and select the revenue object. The revenue object you select is displayed in the panel.

  • Click Remove on any revenue object in the Selected Revenue Objects panel to remove it from the list.

  1. Click Next to navigate to the Tax Estimator - Maintain Estimate Details.

Common Actions

none.

Related Topics

Tax_Estimator

Tax Estimator - Search For An Estimate

Tax Estimator - Maintain Estimate Details