This bucket contains the amount the taxpayer owes on the Tax Account for only two or more prior years (the years before last year).
Note: This amount excludes the balance for the prior year (last year).
Where-Used: Usually, the prior two-plus years balance is automatically updated as detail transactions are applied against a Tax Account (from Tax Billing and other modules). However, you can also update the balance during Tax Master Maintenance at the Balances and Detail Tab. The Balance for Prior Two-Plus Years prints on the Summary Report and the Tax Master Maintenance Print Report.
Notes:
Refer to the Tax Type Codes Chart for information about the source of transactions from other modules.
The Year End Roll updates the buckets (the balance values). For example, it adds the prior year balance to the prior two+ years balance.
Format: 7.2 numeric
See also: Balance for Current Year, Balance for Prior Year, Balance for Next Year, and Balance Total.