Enhanced Taxing

The Tax Codes option controls tax percent rates on both Standard and Enhanced Tax processing

When the Enhanced Tax processing is activated in the Company Taxing Parameters, the following maintenance utilities can be accessed by clicking on the ADVANCED button at the bottom of Tax Codes, in the "Accounts Receivable" parameters on the Accounting tab of the Configure System Settings.

Menu Options include:

Determines Tax Codes Charged - default according to the RULES outlined for Enhanced Tax processing in Tax Maintenance Overview, and allows for basic exemption flags:

• Tax Codes By GEOCode
  Note: If no taxes are defined for the GEOCode, then taxes are selected according to "Without GEOCodes" rules.

• Without GEOCodes:

  • City Tax Codes
  • Tax Codes By Postal/Zip - can be loaded by the Import Tax Codes By Postal/Zip utility

Determines Additional Tax Exemptions - a flag in the Company Taxing Parameters can be set to cause Site, Customer, and Division exemptions to all apply, else only the first exemption identified applies using the search sequence of Site, then by Customer and finally by Division

• Tax Exemptions By Site
• Tax Exemptions By Customer
• Tax Exemptions By Division

Class/Service Exemptions Respected - exemptions that apply regardless of Site, Customer or Division

• Tax Exemptions By Class
• Tax Exemptions By Service

Forced Taxes by Product - additional tax always added for products that respect Site, Customer and Division exemptions, but NOT Class exemptions.

• Tax Code Overrides By Product
• Trade Discount Exemptions By Terms

Convert Tax Setup Utility - for converting city taxes to Enhanced Tax processing.

• Write City Taxes To Enhanced Taxing

Tax Update Utility - for assigning tax code exemptions or overrides by range of products, classes, customers, sites, and services.

• Tax Code Exemption Maintenance

Enhanced Tax Startup Utilities - for loading the geographic areas used to define tax charges.

• Load Startup GEOCodes
• Export GEOCode Taxes
• Import GEOCode Taxes

Tax Region Setup: - for both Standard and Enhanced Tax processing

Regions for Tax codes for use in Tax reporting, can be accessed from the in the "Company & Divisions" parameters on the System tab of the Configure System Settings.