Tax

Maintenance | Tax Aids | Chart of Account

Tax

This maintenance screen allows the user to configure and add tax types to be used on their transactions.

Requirements before using Tax

• The user should setup the following Maintenance Module in order to proceed on using the Tax
  1. Chart of Account
• For detailed instructions on how to setup the needed Maintenance Module, the user may visit the following Job Aid pages:
  1. Chart of Accounts Aids

Tax Record List

File:Tax Record List.png

Tax Record List

Notes:

• Tax, as long as its status is ACTIVE can be used in the following modules:
  • Sales Quotation
  • Sales Order
  • Sales Invoice
  • Purchase Order
  • Accounts Payable
  • Accounts Receivable
    • Accounts Receivable generated from Sales Invoice cannot be edited
• Past Transactions with INACTIVE tax can still be used prior to its deactivation but for new transactions, INACTIVE tax cannot be used.

Adding Tax

File:Adding Tax.png

Adding Tax

Field	Description	Expected Output
1.Tax Code	•Reference Code for Tax	•Alphanumeric
2.Tax Name	•Name of Tax	•Alphanumeric
3.Tax Description	•Description of Tax	•Alphanumeric
4.Tax Rate	•Rate to be Apply when applying tax	•Number
5.Tax Type	•Nature of Tax	•Tax Type Field List
6.Tax Account	•Account to be applied when applying tax	•Account List under Chart of Account Maintenance Module
7.Transaction Type	•Type of Transaction when applying Tax	•Sales/Purchase/Both

Notes:

• Tax Code is a unique required field in the Module. This field cannot be edited once the Tax Record is created.
• Tax Count is a required field. Accounts can be used from Chart of Account as long as the status of that account is ACTIVE
• For detailed instructions on how to create a Tax Record, the user may visit the Tax Maintenance Code which can be found here

Editing Tax

File:Editing Tax.png

Editing Tax

Field	Description	Expected Output
1.Tax Name	•Name of Tax	•Alphanumeric
2.Tax Description	•Description of Tax	•Alphanumeric
3.Tax Rate	•Rate to be Apply when applying tax	•Number
4.Tax Type	•Nature of Tax	•Tax Type Field List
5.Tax Account	•Account to be applied when applying tax	•Account List under Chart of Account Maintenance Module
6.Transaction Type	•Type of Transaction when applying Tax	•Sales/Purchase/Both

Notes:

• Tax Count is a required field. Accounts can be used from Chart of Accounts as long as the status of that account is ACTIVE
  • The status of Accounts can be seen in Chart of Account Maintenance Module
• For further instructions on how to edit a Tax Record, the user may visit the Tax Job aids which can be found here

Tax Options

File:Tax Options.png

Tax Options

Notes:

• For further instructions on how to Import and Export a Tax Record, the user may visit the Tax Job aids which can be found here
  

Tax Importing Option

File:Tax Importing Option.png

Tax Importing Option

Notes:

• For further instructions on how to Import a Tax Record, the user may visit the Tax Job aids which can be found here

Tax Record Option

File:Tax Record Option.png

Tax Record Option

Notes:

• For further instructions on how to View, Edit, Deactivate/Activate and Delete a Tax Record, the user may visit the Tax Job aids which can be found here

Tax View Record

File:Tax View Record.png

Tax View Record

Notes:

• The user can edit the details while viewing the record.
• For further instructions on how to Import and Export a Tax Record, the user may visit the Tax Job aids which can be found here

Categories:

Modules
Maintenance	Maintenance | Tax | Chart of Account
Sales	Sales Quotation | Sales Order | Sales Invoice
Purchase	Purchase Order
Financials	Accounts Payable | Accounts Receivable
Job Aid Modules
Maintenance Aids	Chart of Accounts Aids | Tax Aids
Sales Aids	Sales Quotation Aids | Sales Order Aids | Sales Invoice Aids
Purchase Aids	Purchase Order Aid
Financials Aids	Accounts Payable Aids | Accounts Receivable Aids