Tax System

On the Tax Jurisdiction form, enter the tax system code number to be used for this particular jurisdiction.

On the Tax Vouchered (Parametric) Report, Tax Invoiced (Parametric) Report, EU VAT Report, or Price Adjustment Invoice - Tax Distribution form, enter the number (1 or 2, if applicable) of the tax system to be included on this report.

The display order of the tax code fields depends on the tax system. The tax code defined by you as the Rate tax code always displays above the tax code defined as the Exempt tax code.

If the tax system is an area-based tax system, the [Tax Code Label] field represents the rate tax code and displays above the [Tax Item Code Label] field, representing the exempt tax code. If the tax system is an item-based tax system, the [Tax Item Code Label] field now represents the rate tax code, and displays above the [Tax Code Label] field, now representing the exempt tax code.

Note: This field represents the [Tax Code Label (1)] field as the rate tax code and the [Tax Code Item Label (1)] as the exempt tax code.