Effects of the Tax application in Billing
You can calculate tax on customer orders through the Tax application. These concepts explain aspects of Tax setup that affect the Billing application.
Tax codes and tax rates
Tax codes are predefined codes for identifying the tax authorities where your company pays taxes.
Tax rates are the percentage rates of tax that your company needs to pay. To calculate your taxes automatically, you must define your tax codes and assign tax rates to your tax codes.
Planning your Tax setup for Billing
The Lawson Tax application is a stand-alone application for calculating taxes. If some, or all, of your sales are taxable, then you need to set up Tax.
This checklist provides an overview for setting up Tax. See the Tax User Guide.
