Tax entities

If your tax entity is defined as Vertex, then you must assign a tax entity to each customer or tax location that you are using. The tax entities that you assign are used to calculate the taxes for that tax location.

On Tax Entities, use Update System Tax Codes With Vertex to generate a report of Tax Area ID codes and addresses and update Tax Area IDs for the records:

• Receivables customers
• Billing ship-to locations and process levels
• Project Invoicing and Revenue service locations
• Inventory Control locations
• Payables vendors and vendor locations
• Payables Process Level
• Requesting Locations
• Project Tax Locations

You can run Update System Tax Codes With Vertex in report or update mode. If you run it in report mode, then a Vertex Lookup Results report is generated listing addresses and related tax area IDs for the specified records. If you run it in update mode, then a report is generated listing addresses and related tax area IDs for the specified records. The appropriate records are updated with the retrieved tax area IDs.