Tax Class Maintenance

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You can use a tax class to group sales items so they can be taxed at a specific rate. You can only use tax classes if Australian WET or North American sales tax is being applied. You can assign a class to an inventory item, general ledger account code, AR non-inventory sales code, and job sales code.

You assign a tax rate to each class at a location level. This enables each tax class to have a different rate of tax, depending on the location to which the rate is assigned.

Tax class

Enter or select a tax class, up to 10 characters.

Description

Enter a description of the tax class, up to 50 characters.

Once a tax class is set up, you can assign it to a location if rates are specified.

• Tax Location Maintenance

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