Enter Tax Code per Write-off Code

Explanation

This activity is used to enter the tax code for a selected write-off code. The tax code entered will be used to calculate the tax amount for write-offs made using the write-off code.

Prerequisites

In order to perform this activity,

• the Write-off Taxable check box must be selected for the write-off code in the Write-off Codes window, and
• at least one tax code for which the tax type is Calculated VAT, VAT or No VAT must exist in the system.                                                                                                                                                                                                                  

System Effects

As a result of this activity, the write-offs made using the write-off code will be taxed based on the tax code entered.

Window

Write-off Codes

Related Window Descriptions

Write-off Codes
Tax Code per Write-off Code

Procedure

1. Open the Write-off Codes window and query for the write-off code for which you want to enter a tax code.
2. Select the record that you queried for, right-click and click Tax Code per Write-off Code to open the Tax Code per Write-off Code window.
3. Create a new record in the table and select an appropriate tax code for the Tax Code field using the List of Values.
4. Save the information.