Tax Categories
Form ID: (TX205500)
You can use this form to create tax categories, or to view or edit existing tax categories. A tax category groups the taxes that are applied to products or services of the same type.
Form Toolbar
The form toolbar includes only standard buttons. For the list of standard buttons, see Form Toolbar and More Menu.
Summary Area
In the Summary area, you can specify an identifier and description for a new tax category, or select an existing category to view or edit its details.
Element | Description |
---|---|
Tax Category ID | The unique identifier of the tax category. An alphanumeric string of up to 15 characters can be used. |
Description | A detailed description of the category. |
Active | A check box that means (if selected) that this tax category is active. |
Exclude Listed Taxes | A check box that indicates (if selected) this tax category should exclude the listed taxes from tax zones. |
Table
This table contains the list of individual taxes for the tax category. These taxes are generally included unless the Exclude Listed Taxes check box is selected for the category.
The table toolbar includes only standard buttons. For the list of standard buttons, see Table Toolbar.
Column | Description |
---|---|
Tax ID | The ID of the tax included in the category. Once you select a tax by its ID, the other columns of the row are filled in. |
Description | The detailed description of the tax item. |
Tax Type | The type of tax, which defines how it is processed. The following options are available: Sales, Use, VAT, and Withholding. |
Calculation Rule | The way the tax amount is calculated, which can be one of the
following options:
|
Cash Discount | The method of calculating the taxable amount if a discount is
applied (based on the credit terms). It can be one of the following
options:
|
Direct-Entry Tax | Read-only. This check box indicates (if selected) that the tax in this row is a direct-entry tax and it will be applicable only on the following forms:
For details, see Direct Tax Payment: General Information. |