Enter Tax Information

Explanation

This activity is to be used for companies using address level tax and where the ship-to tax applies. Either tax codes or tax calculation structure can be specified here for site delivery address and will be used as defaults when entering purchase order lines or supplier invoice lines. The default tax information entered here is retrieved if the Use Supplier Address for Tax option is not enabled for the delivery address in the Supplier/Address/Delivery Tax Information tab and the Use Project Address for Tax is not selected on the invoice.

You can also enter tax exempt information for sites that qualify for tax exempt status.

Prerequisites

• Tax codes need to be defined in the Tax Codes window.
• If tax calculation structure is used to derive tax codes and tax calculation rules, basic data for tax calculation structures need to be defined in the Tax Calculation Structure window.

System Effects

• When you enter a purchase order or a supplier invoice, default tax rates will automatically be generated based on the ship-to address of the delivery recipient. These default rates can be used, or can be modified.

 

Pages

Company

Activity Diagrams

Create/Update Company