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

1. Open the Project window.
2. Query for the Project ID.
3. Select an address ID for your Project in the Address Identity field.    
4. Click the Tax Information tab.
5. You can enter either the tax calculation structure in the Tax Information tab or tax codes in the Taxes Tab.
6. If no tax calculation structure is entered in the Tax Calculation Structure field, Click the Taxes tab.
7. Enter a tax code in the Tax Code field manually or by using the List of Values.    
8. The Description and Percentage fields will automatically fill in, based on the tax code selected.
9. Save the record.
10. If you want to enter tax-exempt information for the delivery address, click the Tax Exempt Info tab.
11. Create a new record.
12. Enter the tax exemption certificate number.
13. 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.
14. Enter the certificate jurisdiction, issue, and expiration dates.
15. Save the record.