Sales Tax Code Maintenance

Window Details		How Do I...
	Navigation		Set Up Sales Tax Information
	Overview		Set Up Sales Tax Codes for Tax on Tax
	Fields

Related Topics
	Sales Tax FAQs		Using Sales Tax in Job Cost

Navigation

Select Library Master Setup menu > Sales Tax Code Maintenance.

Overview

Use Sales Tax Code Maintenance to define an unlimited number of tax jurisdictions, their tax limits, and whether they are subject to "tax on tax" calculations. In addition, you will specify taxable or nontaxable and a tax rate for each tax class.

You will also need to set up a tax code for every tax jurisdiction (such as state, county, local, or province) used by your business. Examples of tax codes include CA (California), OC (Ocean County), WI (Wisconsin), and ON (Ontario). Tax codes are grouped together using Sales Tax Schedule Maintenance.

Note If you set up a different tax class, that same tax class must exist for every tax code that belongs to the schedule.

If your tax jurisdiction charges tax on freight, you must set up a tax rate for the TF tax class in each applicable tax code. TF cannot be assigned to sales codes, inventory items, or miscellaneous charge codes. The TF tax class cannot be entered on a line.

Note The codes set up using this option are not company specific and are available to all companies.

Fields

Tax Code	Tax Class (Tax on Tax)
Description	Tax Class
Short Description	Description (Tax Class)
Taxable Limit	Tax Rate
Calculate Sales Tax on Retention	Sales
Expense to Vendor/Item	Purchases
Tax on Tax	Nonrecoverable Pct