Defining or modifying invoice tax code
Use the Tax Code page to define or modify the tax code information for the invoices.
- Select Billing > Invoice Profile.
-
Click
Add on the
Tax Code tab. The
Tax Code page is displayed.
You can use the Edit option corresponding to the facility for which you require to modify the tax code information. The Tax Code page is displayed.
-
Specify or modify this information:
- Facility
- The name of the location from where the demand for the parts is raised.
- Code
- The code to identify the tax applicable to the invoice.
- Qualifier
- The code to indicate the type of tax, such as country tax, state, tax.
- Description
- The description of the tax Qualifier code.
- Account Number
- The account used for the tax funds.
- Default Percent
- The percentage of the taxable amount that is charged as tax.
- Code Status
- The status of the
Tax Code. Possible values:
- Active
- Inactive
- Click Submit.