Manage item related tax
Overview
Many countries have implemented or proposed laws in taxation, which aim to reduce the use of resources with negative impact on the environment or people. You can create reports containing the item related tax and related information subjected to taxation by applicable stakeholders. You can do this by defining tax rules for each type of report that is valid for a certain country and state. Then, connect the items that are subjected to taxation and how these are taxed according to the applicable regulations.
Limitations
When the field 'Tax method' in 'Item Related Tax ID. Open' (TXS080) is set to 1='Percentage', you can only add columns with column value type 1='Amount' in ‘Item Related Tax ID. Open Columns’ (TXS082). You cannot also add limits in 'Item Related Tax ID. Connect Limits' (TXS083).
Catch weight management and transactions relating to orders directly from the manufacturer or supplier to the end consumer, without stocking the products, are not supported by this functionality.