Enter Tax Codes per Account

Explanation

Use this activity to connect tax codes to accounts. You can enter a tax code as default for a specific account. This mandatory task is to be performed by a system administrator or equivalent person.

You can connect a tax code with the No Tax tax type and decide whether one of the tax codes should be the default tax code. If Tax Handling is set to All, you can only enter the default tax code for the account. If Tax Handling is set to Restricted, you can enter the allowed tax codes. If Tax Handling is set to Blocked, you cannot enter a default tax code for that account.

Prerequisites

System Effects

The default tax code is displayed when transactions are entered for the account.

Window

Tax Codes per Account

Related Window Descriptions

Tax Codes per Account

Procedure

1. Open the Tax Codes per Account window.
2. Query for the tax codes of a specific account.
3. Create a new record.
4. Select the tax code from the List of Values.
5. To specify the default code, select the Default Tax Code check box.
6. Save the information.