Defining Complex Sales Taxes


Defining Complex Sales Taxes
Big Business supports VAT (Value Added Tax) and other complex sales tax structures. You can define and use sales tax rates that combine multiple individual taxes—local, provincial, and federal, for example. If you choose the Calculate First option for a tax, other taxes are calculated to include it.

To define complex sales tax structures:
1. Choose Show List from the Tax Status QuickPop list in the History tab of a Customer Card.
2. Click the Add button.
3. In the Add Sales Tax Item dialog box, define the tax, then click the OK button. (3076)






Big Business supports complex sales tax structures. You can define and use sales tax rates that combine multiple individual taxes—local, provincial, and federal, for example. If you choose the Calculate First option for a tax, other taxes are calculated to include it.

To define complex sales tax structures:
1. Choose Show List from the Tax Status QuickPop list in the History tab of a Customer Card.
2. Click the Add button.
3. In the Add Sales Tax Item dialog box, define the tax, then click the OK button.

Taxes which use the Calculate First option are itemized in the Notes for an Invoice.



Related:

  Chapter 77 Sales Taxes

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