Tax Codes
Use this form to specify the percentage of tax to charge to a customer and the G/L Account to which the sales tax is to be posted.
After you define the tax codes on this form, you enter them on the Customer Ship Tos form and the Vendors form when entering an order or an invoice. A Tax Code must first be entered on the Tax Code form before it can be used in the Tax Code field on the Customers form.
The Assess on Return and Deductible fields on the Tax Codes form are only active for vouchers.
Note: This information is not stored separately in the tax records. Do not
change the flags mid-period, since this will cause the report to change. If you want a
change, enter a new Tax Code with the desired
values.
You cannot delete a tax code if it is used in the Customers or Estimates forms.