Trade Discount Exemptions By Terms

This utility can be used to update tax exemption flags on payment terms for which there should be no trade discount allowed on the tax portion.
It can be accessed by clicking on the ADVANCED button in the Tax Codes .

Terms codes are setup and stored in Terms Codes . These trade discount tax exemptions can also be accessed in the window on the Discount% field.

The prompts are:

CUSTOMER TERMS CODE

Enter the Terms code or select a valid code from the drop-down list.

TRADE DISCOUNT EXEMPT TAXES

Window to list any tax code that should be exempt for Trade Discounts for this Terms code.
Multiple exemptions can be entered.

For more information on this discount feature refer to the Trade Discounts.