Maintaining Rates by Tax Code - Value Ranges

In Tax Engine, you can define Tax Rates based on tax base calculation value of the transaction's item lines. The tax rate maintained in this session will be used if Tax Rate for a similar tax type is not defined in the Tax Rate by Tax Code and Tax Rate by Search Definition sessions.

  1. Expand Tax Engine applications > Master Data.
  2. Select Rates by Tax Code - Value Ranges.
  3. Click the New View icon.
  4. Specify this information:
    Tax Type

    Select a tax type from the list.

    Effective Date

    Select a date in the calendar and click OK.

  5. Click the New icon.
  6. Specify values for Base calculation (from/to), % Rate, and Deduction fields. These fields allow to set a tax type to work as range values. For example, the individual Income Tax (IRPF) has a different tax rate according to the base calculation.
  7. Click the Save icon.