Use this window to define rates for sales tax jurisdictions.
To open the window choose
. Select the required jurisdiction and then choose OK.Specify a short name for the jurisdiction code. |
Enter the full name of the jurisdiction code. |
Displays the date on which the rate valid for the current date becomes effective. Note This field does not show any future date. End of the note. |
Displays the tax percent |
Specify a tiered rate or rates to be applied to a specific jurisdiction. This field is available in the U.S. localization only. These variables can be used to address the tiered tax rate structure in Tennessee, where the first $0.00 to $1,600.00 are taxable at one rate and amounts from $1,600.01 to $3,200.00 are taxable at a different rate. Note These two fields and the Flat Tax Amount field are mutually exclusive. If you specify either of these two fields, you cannot enter data in the Flat Tax Amount field. End of the note. |
Specify the flat tax amount to be applied. If the calculated tax amount is greater than the flat tax amount, the flat tax amount is used. This field is available in the U.S. localization only. This variable can be used to address the flat tax in South Carolina, where a maximum tax of $300.00 is applied to certain items at a line level. Note This field and the fields Min. Taxable Amount and Max. Taxable Amount are mutually exclusive. If you specify the Flat Tax Amount field, you cannot enter data in either of the other two fields. End of the note. |
Press TAB to choose an account for sales documents. |
Press TAB to choose an account for purchasing documents. |
Press TAB to choose an account for purchase documents when working with Use Tax. Note This field is not available for users in Brazil and India. End of the note. |
Choose this button to open the Tax Definition - Setup window, in which you can define an upcoming rate change and the date on which the new rate applies. |