Enter Tax Calculation Structure

Explanation

Use this activity to enter and update tax codes per tax calculation structure.

By using a tax calculation structure, it is possible to calculate multiple taxes with following tax bases:

When you enter a structure item, the Include Price In Tax Base option is enabled by default. This must be selected for the first row. If Include Price In Tax Base is not enabled, a Structure Item Ref needs to be defined in the structure item table part to include other taxes in the tax base.

By default the structure status that appears is Preliminary. You can select any one of the following options i.e. Set  Active to activate the structure, Set Obsolete if the structure is no longer in use, Set Preliminary if it is in progress. Note: Set Preliminary is only possible if the structure has not been used. Set Obsolete is only possible if there are no invoices in status Preliminary.

Prerequisites

This activity requires that tax codes exist in the company.

System Effects

As a result of this activity, the tax calculation structure can be used to fetch default taxes to transactions.