Configuration: Tax 3
Use the Tax 3 screen to edit or add a tax 3 code, which can be attached to customer records and/or sale items.
To open the Tax 3 screen, click Configuration > CRM > Taxes Discounts> Tax 3.
The following describes the fields on theTax 3 screen:
| Field | Description |
|---|---|
| Code |
A four-digit alphanumeric code representing the selected tax code. |
| Location |
The location where the selected tax code is applicable. This field will only appear when creating a new tax code. |
| Description | A brief description of the selected tax code. |
| Tax % | The percentage of tax that will be applied to an invoice when the selected tax code is used. |
| G/L Account |
The general ledger account where the tax 3 tax amounts will be posted. G/L Accounts used in the TAX 3 or TAX 4 tables may not be used in any other tax table. |
| Canadian Tax Type | For Canadian dealerships (CA is entered in the Country Company Located In field of the COTAB1 table), select the Canadian tax type you want to associate to the selected tax code; either GST, PST, HST, or QST. This information will be recorded on credit card transactions for which the selected code applies and sent to the credit card company when the transactions are submitted using the Authorization Maintenance screen. |
| Tax Applied At Level |
Determines how and when the tax amount is calculated when applying the selected tax code to an invoice:
|
| Maximum Tax |
The maximum amount of tax that can be applied to an invoice when the selected tax code is used. This field will only appear when Invoice is selected in the Tax Applied At Level field. |
| Active for System |
Controls whether the selected tax code is active for use within the system. This field will only appear when accessing the Tax 3 screen by clicking on a Code. |
| Tax Applied To Taxable Amount |
Establishes the Line Item Price or Line Item Unit Price range that the selected tax code will apply to. For example, if the selected tax code is configured to apply a tax amount based on the Line Item Price of an invoice, if the total price of the unit exceeds the range entered in this field, the selected tax code will not be applied to the invoice. This field will only appear when the Line Item Price or Line Item Unit Price taxing methods are selected in the Tax Applied At Level field. |
| Accumulate Taxable Amount Over Rental Contract Life |
When this switch is activated, if the selected tax code is applied to a rental contract, the taxable amount on invoices generated for the contract will accumulate. Once the accumulated taxable amount exceeds the range specified in the Tax Applied To Taxable Amount field, the tax code will no longer apply tax to invoices generated for the contract. Although this field will appear when either the Line Item Extended or Line Item Unit Price taxing methods are selected, when activated, the Accumulate Taxable Amount Over Rental Contract Life switch will force all rental tax calculations to use the Line Item Extended taxing method. |
The buttons complete tasks on the Tax 3 screen:
| Button | Function |
|---|---|
| Save | Saves changes made to the Tax 3 screen. |
| Copy |
Refreshes the Tax 3 screen with editable fields, allowing you to create a new tax code using copied settings. This button only appear when accessing the Tax 3 screen by clicking on a Code number. |
| Save & New |
Saves a newly added tax code and refreshes the Tax 3 screen, allowing you to create another tax 3 code without closing the screen. This button will only appear when accessing the Tax 3screen by clicking the Need to create a new tax code? Click here to add link. |
| Save & Next |
Saves any changes made to the selected tax code and opens the next tax code in a new screen. This button will only appear when accessing the Tax 3 screen by clicking on a Code number. |
| Close | Closes the Tax 3 screen without saving any changes. |