Maintaining Tax Code (T)
You can define searches for every Tax Code you maintain in this session to automatically suggest fiscal data on your inbound and outbound transactions.
- Expand Tax Engine applications > Master Data.
- Select Tax Code.
- Click the New icon.
-
In the Details section, specify this information:
- Tax Code
-
Specify a tax code to identify your Tax Code data and provide convenience during searching.
- Description
-
Provide a description of Tax Code data.
- Tax Type
-
Select Tax type.
Some fields are enabled for editing depending on the tax type that you selected.
- Fiscal Benefit
-
Select a fiscal benefit, such as whether the tax is taxable, exempt, or suspended.
- Tax Situation Code
-
Search and select a tax situation code. Click OK. This field is not required if not operating in Brazil.
- Fiscal Text Code
-
Search and select texts to be associated to the Tax type and will be used in the Fiscal Document. Click OK.
- Formula Calculation
-
Search and select a formula calculation to determine the formula that is used in calculating the tax base. Click OK.
See Creating a Base Formula Calculation (T).
This field is mandatory.
- Retention Code
-
Search and select a fiscal retention code. Click OK. This field is not required if not operating in Brazil.
- IPI Legal Table
-
Search and select an IPI legal table. Click OK. This field is not required if not operating in Brazil.
The code is based on Tax Incidence Table on Industrialized Products. This field is enabled when IPI tax type is selected.
- ISS Service Code
-
Search and select an ISS Service code. Click OK. This field is not required if not operating in Brazil.
- Service Taxation Code
-
Search and select a Service Taxation code. Click OK. This field is not required if not operating in Brazil.
- Origin Operation for NFSe
-
Select an origin operation for NFSe from the list. This field is enabled only for tax types ISS and ISS Retained. This field is not required if not operating in Brazil.
-
In the [%] section, specify this information:
- % Reduction Base Calculation
-
Specify the allowed rate to reduce tax base. This reduction must be set also in Base Formula Calculation.
- % Reduction Tax Amount
-
Specify the allowed rate to reduce tax amount after its calculation.
- % Recovery Amount
-
Specify the allowed rate to recover tax amount.
- % Profit Margin
-
Specify the allowed rate to use in cases of tributary substitution of ICMS, where the profit margin of your customer base will be built into the calculation of the tax so it can be collected in advance. This field is not required if not operating in Brazil.
- % Incidence of value
-
Specify the allowed rate of tax value calculated that will be aggregated to goods amount.
- % Incidence on total amount
-
Specify the percentage of value charged to customer.
- % Tax discount
-
Specify the percentage rate of tax that will be subtracted from the total amount of the fiscal document.
-
In the Options section, specify this information:
- Fiscal Base Formula
-
Search and select a fiscal base formula. This field allows the user to define the formula for calculating the tax base for fiscal books, which is the formula for calculating the base that will serve as reference for calculating the columns Exempt or not taxed and Other.
If you leave this field blank, the system will continue using the formula for calculating the tax base for determining the fiscal data.
- Tolerance
-
Specify the amount that the system will use to consider the difference between rounded value and calculated value.
- Reduced Differed Base
-
Usually, the base reduction value is sent to the fiscal book as column Exempt. If you select this check box, the base reduction value will be sent as column Others.
- Rate Difference
-
Select this check box to allow receipt, fiscal documents presenting a differential rate of ICMS. This field is not required if not operating in Brazil.
- Overwrite with NFe
-
Select this check box to allow overwrite tolerance value with NFe. This field is not required if not operating in Brazil.
- % Aggregate Cost
-
In some situations, such as consumption and fixed asset, the value of the differential tax rate should go to the cost of the item.
- Exoneration Reason
-
Select an exoneration reason.
-
In the Collection field, specify this information. These fields are not required if not operating in Brazil.
- Collection
-
Select any of these options:
-
Source
The replacement value of the GST tax will be added to the total tax receipt.
-
Target
The value of the ICMS tax substitution will not be added to the total tax receipt.
-
Not Applicable
In the case of knowledge of freight, the value of the ICMS tax substitution will not be added.
-
- Adjusted Margin
-
If you select this check box, the system will use this profit margin on the basis of tax calculation.
- Click the Save icon.