| Tax Code | Tax code name (ie. Indiana Sales Tax) |
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| Description | A more detailed description of the tax (optional) |
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| Tax Class | User can select from different tax classes created in Tax Classes screen. |
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| Tax Agency | This is who the tax check will be written to when payment is issued. This tax will be tracked to the tax agency. |
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| Address | User enters address of tax agency. |
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| State | User can define the state associated with the tax. Needed to create templates from tax schedule. |
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| Country | User can define the country associated with the tax. Needed to create templates from tax schedule. |
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| City | User can define the city associated with the tax. Needed to create templates from tax schedule. |
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| County | User can define the county associated with the tax. |
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| Match Tax Address | Default to being checked. If unchecked, the system will not search for a match based on the address and will just tax if it is in the tax group list. |
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| Sales Tax Account | Select from accounts under Sales Tax Account category and Purchase Tax Account category |
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| Purchase Tax Account | Select from accounts under Sales Tax Account category and Purchase Tax Account category |
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| Taxable by Other Taxes | A list of other existing tax codes |
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| Checkoff Tax | If the check box is checked, the calculated amount will be offset into the invoice amount for that line item |
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| Effective Date | Date when tax rate will be effective |
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| Calculation Method | Either % of total or an amount per dollar |
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| Rate | Enter either the percentage or the amount per dollar |
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