Configuration guidelines for managing sales tax in M3
For further details, see the financial accounting user guides on https://docs.infor.com/.
| Program ID | Program name | Description or Comment |
|---|---|---|
| MNS100/G | Company. Connect Division | Set the sales tax method per division and specify the geographic code. |
| CRS793 | Settings – Sales Tax | Identify five jurisdictions and specify which one is identified
as State. If a third party system is being used, then you must configure other fields. |
| CRS046 | States per Country. Open |
Select a sales tax rule for states: 1-Destination 2-Origin 3-Mixed Connection with Geographic code. |
| CRS043 | Jurisdiction per State. Open |
Specify the sales tax rule from 1-Destination or 2-Origin. This information is relevant only if the sales tax rule field has been previously set to 3-Mixed in (CRS046). |
| CRS130 | Tax Code. Open | See the detailed configuration settings for (CRS130). Connection with Geographic Code. |
| CRS137 | Geographical Code. Enter Jurisdiction | Specify the geographical codes. |
| CRS138 | Geographic Code. Enter Tax Rate | Specify the applicable tax rates. |
| CRS139 | Geographic Code. Enter Exemptions | Specify the applicable exemption tax rates |
| TXS050 | Sales Tax Exemption. Open | Specify replacing tax codes for the scenarios where exemption tax rates are required in ‘Geographic Code. Enter Exemptions’ (CRS139). |
| TXS060 | Sales Tax Nexus. Open | |
| CRS065 | Delivery Term. Open | Select the tax point. |
| CRS300 | Ship-Via Address. Open | Specify a state, and whether the ship-via address is a drop box. |
| MMS005 | Warehouse. Open | Specify the geographical code. |
| MMS001 | Item. Open | Specify the default tax code. |
| CRS624 | Supplier. Define Purchase & Financial | Specify whether tax is included and specify the default tax code. |
| PPS280 | Costing Element. Open | Specify an element for tax with operator 90. Set the tax code for USE tax. |
| CRS610 | Customer. Open | Specify an address, a geographical code, a tax code, and a delivery term. If applicable, specify a tax exemption contract number. |
| OIS002 | Customer. Connect Addresses | Specify an address and, if applicable, a ship-via address. |
| CRS395 | Accounting Rule. Set | Configure all sales tax setups. |
| TXS500 | Sales Tax. Print |
Specific configuration guidelines for ‘Tax Code. Open’ (CRS130)
Suggested tax codes:
| Tax Code | Description | Taxable | Tax type |
|---|---|---|---|
| CRE | Tax adjustment credit | Yes | 1-Sales tax |
| DEB | Tax adjustment debit | Yes | 1-Sales tax |
| EXE | Exempt | No | 1-Sales tax |
| NOT | No tax | No | 1-Sales tax |
| STX | Seller use tax | Yes | 2-Seller use tax |
| TAX | Normal sales tax | Yes | 1-Sales tax |
| USE | Tax surcharge | Yes | 5-Use tax |
| XTX | High rate tax | Yes | 1-Sales tax |