[Tax Code Item Label (1)]

Enter or select the tax code that identifies the tax rate that applies to this item in an item-based tax system, or leave this field blank in an area-based tax system.

In an area-based tax system, a blank tax code signifies the item is taxable at the rate of the tax code entered on the Customer Ship Tos form.

In an area-based tax system, the tax code entered must be a rate-type code. The rate of the tax code is used when calculating taxes for customer invoices and estimates. The code entered is validated against the tax codes records.

This field is only prompted for when the Prompt for [Tax System (1)] field is selected on the Tax Parameters form and Prompt on Line Item is selected on the Tax Systems form. This field defaults from the Items form.