Creating Domicile in WISHNET
This article can be used as a guide while creating the Domicile. Please note the user should have access to System System. Please contact the IT if the function is not in the user template.
A domicile is:
- The place where you maintain a permanent home.
- Used for legal or tax purposes.
- Your true, principal, and permanent home.
- The location you intend to return to even if currently residing elsewhere.
- Defined for purposes of judicial jurisdiction and governmental burdens and benefits.
To create a domicile, please follow the below steps,
-
Goto System Setup => Parameter Setup
- Under MIS Code Setup, you will find Domicile Setup where you can create the domicile by giving the following information:
- Domicile Code: A short code of two characters to recognize the Domicile
- Description Print Line Number: It is used to setup printing sequence.
- Main head: Used to categorize the Domicile
- Country: The country in which the domicile falls in
- Nationality: The people called of specific nationality. For example, people from India are called Indians. Therefore there nationality is India.
- ISO Code:ISO 3166-1, is part of the ISO 3166 standard. It gives a code for the names of countries and dependent territories, and is published by the International Organization for Standardization.
