Tax

Tax

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

Tax Record List

File:Tax Record List.png

Tax Record List

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 Accounts as long as the status of that account is "ACTIVE"

Editing Tax

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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"

Tax Options

File:Tax Options.png

Tax Options

Tax Importing Option

File:Tax Importing Option.png

Tax Importing Option

Tax Record Option

File:Tax Record Option.png

Tax Record Option

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 SI cannot be edited
  • Credit Memo
  • Debit Memo
  • Disbursement Voucher
  • Journal Voucher
  • Payment Voucher
  • Receipt Voucher
• Past Transactions with INACTIVE tax can still be used but for new transactions, INACTIVE tax cannot be used.

Tax View Record

File:Tax View Record.png

Tax View Record

Notes:

• The user can edit the details while viewing the record.