Setup of Net or Gross Tax Calculation
To ensure accurate pricing and compliance with local tax regulations, you can define how taxes are calculated—either as inclusive (gross) or exclusive (net). Start by specifying the default tax calculation mode for a tax provider. You can then fine-tune tax behavior by assigning a specific mode to individual customers or vendors. And when exceptions arise, you have the flexibility to switch the tax mode directly within a document.
Specify a Tax Providers’ Default Tax Calculation Mode
Select the default tax calculation mode for a tax provider on the Tax Providers (TX102000) form. In the Default Tax Calculation Mode box, you can select one of the following options:
- Gross: Refers to inclusive taxes, meaning the price includes taxes
- Net: Refers to exclusive taxes, meaning the price does not include taxes
Keep in mind that you can override this setting for a specific customer, vendor, or directly within a document.
Specify the Tax Calculation Mode for Customers and Vendors
We recommend that you specify the tax calculation mode for each customer or vendor to align with their specific tax regulations or pricing structures. The Tax Calculation Mode box is available in the following locations:
Tax Calculation Mode in Documents
You can view and adjust the tax mode applied to each document. The Tax Calculation Mode box is available on the following forms:
- Appointments (FS300200)
- Bills and Adjustments (AP301000)
- Cash Sales (AR304000)
- Cash Transactions (CA304000)
- Invoices (SO303000)
- Invoices and Memos (AR301000)
- Purchase Orders (PO301000)
- Sales Orders (SO301000)
- Sales Quotes (CR304500)
- Service Orders (FS300100)
- Opportunities (CR304000)
Note that the tax provider's tax zone—the tax zone with the External Tax Provider check box selected on the Tax Zones (TX206000) form—must be specified in the document.
If the project functionality is in use in your system, the Tax Calculation Mode box is not shown on the Project Quotes (PM304500), Pro Forma Invoices (PM307000), and Subcontracts (SC301000) forms. During tax calculation:
- On the Project Quotes and Subcontracts forms, the system uses the tax calculation mode of the customer or vendor's location. If Tax Settings is selected in the Tax Calculation Mode box on the Customer Locations (AR303020) or Vendor Locations (AP303010) forms, the provider’s default tax mode is applied.
- On the Pro Forma Invoices form, the provider's tax mode is applied by default.
