TAXES

Pear Tree
2016-11-10 15:47

TAXES

Tax Setup is multi-layered.

 

System Admin – Configuration - Tables – Tax – Index

image001.png

 

Main Code:

-        Shows the Main Code created in this window.

-        Can group different taxes into one Code (exp. GST + PST) which will show each separately on the Invoice.

-        Can have one tax by itself with no grouping (HST).

-        Can click on the Underlined link to show all Main Codes in the system.

 

Description:

-        Alphanumeric.

-        Freeform.

 

Sub Code:

-        From System Admin – Configuration – Tables – Tax – Codes.

-        Manually type in the Tax Code or click the Underlined link to choose from the Table.

-        If just one Tax, enter the Code.

-        If a combined Tax(PST + GST), enter the first Code, and then either use the + to create another line and enter the next Code, or Tab through to add a new line.

 

Tax Description:

-        Defaults in from the Sub Code.

-        Cannot be edited in this window.

 

Cumulative Tax:

-        Yes or No.

-        Defaults to No.

-        If Yes, click in the field and choose Yes from the dropdown.

-        For provinces like Quebec, which calculate the GST on top of the PST.

 

 

 

 

System Admin – Configuration - Tables – Tax – Codes

This Table is used by Accounts Payable as well as Parts.

image002.png

 

Tax Code:

-        Different Tax Rates are entered here (GST, HST etc.).

-        Manually enter or click the Underlined link to choose a Saved Code from the Table.

Tax Rate: Mandatory

-        Shows the Tax Rate for each Tax Code entered.

-        Numeric.

-        Enter manually.

 

Tax Description: Mandatory

-        Alphanumeric.

-        Freeform.

 

Tax GL Account: Mandatory

-        Shows the G/L Account used for each Tax Code.

-        Manually enter or use the Underlined link to choose from the Table.

-        G/L Account must be set up before the Tax Code.

 

Tax Report Sort Order: Optional

-        The Sales Tax Report has columns for different taxes (Sales – Reports – Misc. Menu – Sales Tax).

-        This field indicates in what order the Taxes will show.

-        This field should be filled in.

 

System Admin – Configuration - Tables – Tax – Flags

-        Used in Service WOs, POs, Part Sales, Unit Sales.

-        Shows the different types of Tax Flags set on a Product.

-        Flags can be overridden at time of Sale.

image003.png

 

Tax Flag: Mandatory

-        Manually enter a new code or use the Underlined link to choose a Saved Code from the Table.

 

Description: Mandatory

-        Alphanumeric.

-        Freeform.

 

Tax Code Index: Mandatory

-        Choose from the dropdown.

-        From System Admin – Configuration - Tables – Tax – Index.

-        If Tax Included, need to choose which type of Tax is included in the Price.

 

 

Average rating: 0 (0 Votes)

You cannot comment on this entry