Enter Project Address Tax Information
Explanation
This activity is to specify either tax codes or tax calculation structure for
project addresses to be used as default when entering supplier invoice lines,
purchase order/requisition lines, order quotation lines and sub contract line
items. The default tax information entered here is retrieved if the Use
Supplier Address for Tax check box is not selected for the delivery address
in the Supplier/Address/Delivery Tax Information tab and the
Use Project Address for Tax is selected on the invoice.
You can also enter tax exempt information for sites that qualify for tax
exempt status.
Prerequisites
- Tax codes need to be defined in the
Tax Codes
window.
- If tax calculation structure is used to derive tax codes and tax
calculation rules, basic data for tax calculation structures need to be
defined in the Tax Calculation Structure window.
System Effects
- As a result of this activity, default tax rates are established, which
can be used for the project address.
Window
Project
Related Window Descriptions
Project Details/Project Address/Tax Information,
Project Details/Project Address/Tax Information/Taxes,
Project Details/Project Address/Tax Information/Tax
Exempt Info
Procedure
- Open the Project window.
- Query for the Project ID.
- Select an address ID for your Project in the Address Identity
field.
- Click the Tax
Information tab.
- You can enter either the tax calculation structure in
the Tax
Information tab or tax codes in the Taxes Tab.
- If no tax calculation structure is entered in
the Tax
Calculation Structure field, Click the
Taxes tab.
- Enter a tax code in the Tax Code field manually or by using the
List of Values.
- The Description and Percentage fields will automatically
fill in, based on the tax code selected.
- Save the record.
- If you want to enter tax-exempt information for the delivery address,
click the Tax Exempt
Info tab.
- Create a new record.
- Enter the tax exemption certificate number.
- In the Certificate Type field, select either Agreement, to
indicate tax exempt status for all purchases, or Single, for tax exemption
for purchases of a specific product.
- Enter the certificate jurisdiction, issue, and expiration dates.
- Save the record.