Property Taxes Setup

Overview

The Property Taxes Setup page is the central configuration hub for the entire Wise Property Manager system. It controls how property taxes are processed, posted, and integrated with Business Central's standard functionality.

Location: Search for "Property Taxes Setup" in Business Central, or access from Administration menu under Municipality Systems - Wise Property Manager - Setup - Fast System setup.

Purpose: Configure system-wide settings for property tax processing, general ledger integration, web services, and payment methods.

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Key Fields & Actions

General Section

Field

Description

Required

Gen. Jnl Template

General journal template for property tax entries

Yes

Journal

General journal batch for posting transactions

Yes

Dimension 1 Code

Default global dimension 1 for property transactions

No

Balance - Calc. Method

Method for calculating outstanding balances

Yes

Temporary Acc. No.

G/L account for temporary postings

No

Income Key

Revenue classification key

No

Employee Name

Responsible employee for system

No

Job Description

Employee's job title

No

Balance Calculation Methods

  • Use Applications: Calculate based on payment applications

  • Original Amount in Entries: Use original entry amounts

  • Use Detailed Entries: Calculate from detailed ledger entries

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Posting Section

Field

Description

Purpose

Business Account Code

Account code for business transactions

G/L posting

No. of Due Dates

Number of payment installments

Due date creation

First Due Date

Date of first payment

Due date scheduling

Period betw. Due Dates

Days between payment due dates

Installment spacing

Minimum Amount Posted

Smallest amount to post

Posting threshold

Reminder No. Series

Number series for collection notices

Document numbering

Combine Due Dates

Consolidate multiple due dates

Payment simplification

Web Service Section

Field

Description

Usage

Web Service File Path

Path for web service exports

Customer portal integration

Municipality Name (Web S.)

Municipality name for web display

Portal branding

Web Service User Name

Username for web service access

Authentication

Web Service Password

Password for web service access

Security

Taxable Section

Field

Description

Application

Credit Card Payment Method

Payment method code for credit cards

Payment processing

Not Post Journal

Skip automatic journal posting

Manual review option

Gen. Jnl Templ. Paym.

Journal template for payments

Payment posting

Gen. Jnl Batch Paym.

Journal batch for payments

Payment organization

Main Actions

Action

Description

Opens

Owned IDs

Manage municipality-owned properties

Owned IDs page

Customers with Invoice

View customers with electronic invoicing

Customer list

Property Tax G/L Account

Configure G/L accounts for tax types

Account setup page

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Step-by-Step Tasks

Initial System Setup

  1. Access Setup Page

    • Search for "Property Taxes Setup"

    • Open the setup card (only one record exists)

  2. Configure General Settings

    • Set Gen. Jnl Template: Use existing template (e.g., "GENERAL")

    • Set Journal: Create dedicated batch (e.g., "PROPTAX")

    • Choose Balance - Calc. Method: Typically "Use Applications"

    • Optional: Set Dimension 1 Code for departmental tracking

  3. Set Up Posting Options

    • Configure Business Account Code if required

    • Set Reminder No. Series for collection notices

    • Choose Combine Due Dates based on municipality policy

  4. Configure Web Services (if using customer portal)

    • Set Web Service File Path for data exports

    • Enter Municipality Name for portal display

    • Configure authentication credentials

Update Payment Processing

  1. Configure Payment Methods

    • Set Credit Card Payment Method code

    • Choose journal templates for payment processing

    • Enable/disable automatic journal posting

  2. Test Configuration

    • Post sample property tax entries

    • Verify G/L posting works correctly

    • Test web service export functionality

Modify Balance Calculation

  1. Review Current Method

    • Check existing Balance - Calc. Method

    • Assess accuracy of outstanding balance calculations

  2. Change Method if Needed

    • Select appropriate calculation method

    • Test with sample properties

    • Verify results match expectations


What Happens After Setup

Immediate Effects

  • Property tax posting uses configured journal templates

  • Balance calculations follow selected method

  • Web service exports use specified settings

  • Payment processing follows configured methods

Integration Points

  • General Ledger: Uses configured journal templates and batches

  • Dimensions: Default dimension applies to all property transactions

  • Customer Portal: Web service settings enable online property viewing

  • Payment Processing: Credit card and payment journal settings take effect


Navigation Path: Municipality Systems → Wise Property Manager → Setup → Fast System Setup
Permissions Required: SVEFAST FASTEIGNAGJÖLD (full), System Administrator
Related Tables: SveFast Property Taxes Setup, General Journal Template, Number Series