Use this screen to set up taxable entity information for your company. Although many companies need to set up only one company or taxable entity in this screen, you can set up multiple entities if you need to create reports for more than one taxable entity. On this screen, you establish the name, federal tax ID, address, and phone number for each company. This information is used on documents such as W-2s and 1099s, "ship to" addresses for purchase orders, and "remit to" billing addresses.

Complete this screen as part of your Costpoint initialization procedures.