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Setup and manage Sales Taxes for Customers, Vendors, Inventory and Warehouses, for use in Sales and Purchase Orders
- Access - Edit > Sales Taxes
- create a new tax
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- click
New
- click
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- enter a Tax Code of up to 4 digits
- enter a Description
- enter the Short Name (how it will display and print in Sales / Purchases)
- check
Integrated sales tax provider if using Avatax for US Sales taxes (see Installation - Integrations) - enter the Rate for this tax
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- determine if this item will attract a Partial Tax Rate for province-specific rebates (see also Inventory - Sales Tax Exceptions tab and Product Codes - Sales Tax Exceptions)
- enter the Partial Rate for rebate
set the GL Account this tax is to be tracked in - GL Account - for tax collected on sales / GL Credit Account - for tax paid on purchases
- enter the Partial Rate for rebate
- Apply to freight if freight is taxable in the province where this tax is applicable
- Apply to surcharge if your surcharges are taxable in the province where this tax is applicable (see more on surcharges Company Settings > Sales Orders - Surcharges
Include in PO landed costs and AP expenses if this tax is not tracked separately in the General Ledger
- determine if this item will attract a
- see also
- for US taxes setup, view the Avatax in Spire YouTube video https://www.youtube.com/watch?v=HaEJdOlVZ7o