Add / Edit Sales Tax Codes
Create or update sales tax codes that define the tax rate used when calculating sales tax. Each customer who is required to pay sales tax is later assigned one of these codes.
In this topic:
Sales Tax Code Details
Sales Tax Code: Enter the code to identify the combination of sales tax authorities.
Description: Enter a description for the code.
Include Sales Tax Authorities
Sales Tax Authorities: All of these selections were entered through Maintenance > Accounts Receivable > Sales Tax Authorities.
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ID:The sales tax authority ID
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Description: The ID’s description
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Distribution Code: The distribution code assigned to this ID
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GL Code: The sales tax payable general ledger account associated with the ID
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Tax Rate: The tax rate associated with the ID
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Taxable: If "Yes", the amount calculated for sales tax is included in the next ID’s calculation. If "No", the amount calculated for sales tax is not included in the next ID’s calculation.
Sales Tax Total
Print IDs Separately on Invoices: Select this option to print IDs separately on invoices.
Total Sales Tax: The sales tax total
Once you're finished with your edits, Save your changes.