Tax Code Master (TX01.1)

Use Tax Code Master (TX01.1) to define tax codes to be used in various other applications (Billing, Order Entry, Purchase Order, Accounts Receivable, Accounts Payable, , Pay to Bill, and Employee Expense).

You assign a tax type to each tax code, indicating how the tax code is to be used. For example, a tax code can be part of a tax table, stand-alone tax authority (can still be used in a table), a table member (can only be used in a tax table), or stand-alone calculated rate (used only for AP invoice entry, cannot be used in a table).