Setting up tax of type Additional

You can specify how the tax transaction must be posted to the guest account. The following values in the Posting Type field determines the type of tax that is charged on a guest transaction:

  • Additional: The tax amount is posted in addition to the original posting.

  • Inclusive: The tax amount is posted internally by the system. The guest account displays the total amount charged to the guest account and includes the taxes posted internally by the system.
  1. Setting up a transaction group and transaction code
  2. Specifying the tax calculation formula