How can you validate your tax setup before enabling it for actual payables transactions?

Validating your tax setup before activating it for real payables transactions is crucial for ensuring compliance and accuracy. Using a tax simulator allows you to effectively test various scenarios related to tax calculations without impacting actual transactions. This simulation can help identify and resolve any potential issues in tax configuration, ensuring that the values produced for different tax categories are correct.

The tax simulator provides a safe environment where you can input different variables and observe how the tax engine responds. This approach not only increases confidence in the setup but also aids in understanding the implications of different tax rules and rates on payable transactions. It offers a comprehensive way to troubleshoot and verify tax logic before it's applied to live transactions, thereby minimizing risks associated with incorrect tax calculations.