Transaction codes for 75/25 rule

To use the 75/25 rule functionality, you must set up two transaction codes in the tax group. One transaction code for 25% of the amount and another transaction code for 75% of the amount.

Before you can set up the transaction codes for 75/25 rule, you must use the Screen Designer during installation to display the Adjust Amount and Adjust Percentage field.

To set up the transaction codes in the tax group:

  1. Select Administration > Property > Tax Groups.
  2. Click Transaction Codes tab.
  3. Specify this information:
    Adjust Amount
    Select the check box to split the amount for the purpose of different tax rates. If this check box is selected, the Adjustment Percentage field is enabled.
    Adjustment Percentage
    Specify the percentage based on which the amount must be split for the purpose of different tax rates.
  4. Click Save.