How to Add a Tax Code

On the user’s menu panel go to Common Info folder then click Tax Codes
1. If there are existing records, Search Tax Codes screen will open
2. If there is no existing record, the new Tax Codes screen will open
From Search Tax Codes screen click New toolbar button
Enter necessary details on the form
Click Save toolbar button

Tax Code	Tax code name (ie. Indiana Sales Tax)
Description	A more detailed description of the tax (optional)
Tax Class	User can select from different tax classes created in Tax Classes screen.
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.
Address	User enters address of tax agency.
State	User can define the state associated with the tax. Needed to create templates from tax schedule.
Country	User can define the country associated with the tax. Needed to create templates from tax schedule.
City	User can define the city associated with the tax. Needed to create templates from tax schedule.
County	User can define the county associated with the tax.
Sales Tax Account	Select from accounts under Sales Tax Account category and Purchase Tax Account category
Purchase Tax Account	Select from accounts under Sales Tax Account category and Purchase Tax Account category
Taxable by Other Taxes	A list of tax classes that will be taxable on this code
Checkoff Tax	If the check box is checked, the calculated amount will be offset into the invoice amount for that line item
Effective Date	Date when tax rate will be effective
Calculation Method	Either % of total or an amount per dollar
Rate	Enter either the percentage or the amount per dollar

On the user’s menu panel go to Common Info folder then click Tax Codes
1. If there are existing records, Search Tax Codes screen will open
2. If there is no existing record, the new Tax Codes screen will open
From Search Tax Codes screen click New toolbar button
Enter necessary details on the form
Click Save toolbar button

Label	Description
Tax Code	Tax code name (ie. Indiana Sales Tax)
Description	A more detailed description of the tax (optional)
Tax Class	User can select from different tax classes created in Tax Classes screen. Type is needed to create templates from tax schedule.
Calculation Method	Either % of total or an amount per dollar
Rate	Enter either the percentage or the amount per dollar
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.
Address	User enters address of tax agency.
State	User can define the state associated with the tax. Needed to create templates from tax schedule.
Country	User can define the country associated with the tax. Needed to create templates from tax schedule.
City	User can define the city associated with the tax. Needed to create templates from tax schedule.
County	User can define the county associated with the tax.
Sales Tax Account	Select from accounts under Sales Tax Account category
Purchase Tax Account	Select from accounts under Purchase Tax Account category
Taxable by Other Taxes	A list of tax classes that will be taxable on this code
Checkoff Tax	If the checkbox is checked, the calculated amount will be offset into the invoice amount for that line item

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