Add/Edit Tax Codes
This screen is for defining tax codes for automatic tax calculations and general ledger distributions when in the charge entry screen.
ENTER ENTITY >
Enter a valid entity ID. The entity name is displayed for reference.
Enter a unique ID for each tax code record. The ID may contain alpha and/or numeric characters. To view/select existing codes, enter ??? and RETURN.
Enter a description of the tax code for reference.
Enter an appropriate tax percentage for each line. The tax percentage may be zero (0.00).
Enter the account number to which a dollar amount of tax, automatically calculated according to the percentage, will be distributed to general ledger. If unknown, you may search the chart of accounts (enter ???), and then enter the characters on which you wish to search (example: TAX), and then choose from the cross-reference list displayed. Enter F or B to scroll forward or backward.
The description of the g/l account entered is automatically displayed for reference.
Enter the description to appear on the customer invoice when this tax code is chosen.