Enter Tax for Purchase Order Line Tax
Explanation
Sales and use taxes can be specified for individual purchase order lines, based on predefined
tax codes. When specifying tax for purchase order lines, you can view, edit, or
delete existing tax lines, and create new ones. Default tax information can also
be retrieved. Sales taxes entered on purchase orders are considered estimated
until invoiced and paid. This activity is also valid when
updating sales and use taxes via a purchase order change order.
Prerequisites
- Purchase order lines or purchase order change order
lines must have been entered and saved.
- One or more tax codes must have
been established in
Tax Codes window.
- The Taxable check box in the order line must be selected (not
applicable to no part order lines.)
- The Pay Tax check box in the order line must be selected.
- The company must not be specified to use VAT. The value of the Tax
Regime list on the Company/Invoice tab must be sales tax.
System Effects
- Tax is calculated for the purchase order or change
order line and the entire purchase order or change
order based on
the tax code selected. The total gross amount and tax amount for the line and entire order are also
calculated.
- For a company using the VAT tax regime, the tax calculation basis for
the purchase order or change order line, and the entire purchase order or change
order, is based on the Use Price Incl Tax check box on the
Purchase Order/Misc
Order Info tab.
Window
Purchase Order
Purchase Order Change Order
Related Window Descriptions
Purchase Order/Part Order Lines
Purchase Order/No Part Order Lines
Purchase Order Change Order/Part Order Lines
Purchase Order Change Order/No Part Order Lines
Purchase Order Change Order/Rental Part Order Lines
Purchase Order Line Tax Lines
Procedure
- Select the purchase order or change order line whose tax lines you want to view.
- Right-click, point to Order Line Details and then click Order Line Taxes. The
Purchase Order Line Tax Lines
window will open, displaying any existing tax lines for the purchase order. Note that for
purchase order change order lines you have to, right-click and then select Order Line
Taxes.
- To add a new tax line, click New, and then click List and
select a tax code. The default tax percentage for the predefined tax code is
displayed. Edit as described in the previous step, if required.
- Net amount, tax amount, and gross amount will be displayed, based on the
tax values selected.
- To view default tax information, click Set To Default.
- To remove a tax line, select the line, then click Remove.
- Click Save to save and close the window. The resulting amounts will
be transferred to the purchase order or change order
record.