Order Entry>>Firle>Stores>Edit
The drop-downs located in this dialog controls what the GST percentage is applied to on the quote, order or invoice.
The descriptions of 'Material' and 'Labor' here refer to Product Codes. Typically, Product Codes 01-79 are related to material and 80-98 refer to labor/installation. The product code range can be changed.
'Misc Charges' are located on the main Order Entry screen and are not tied to Product Codes and therefore must be accounted for separately in the taxing scheme.
Configuring Stores
Individual Store Codes can be configured for selling tax purposes. If the city portion of the 'Sold To' dialog in Order Entry does not contain a valid city from the city list, the system will default to the selling tax information found in the Store Code file for calculating the tax.
The Tax Method determines what form of tax will be used for this particular store.
Use Tax
With Use Tax active as the GST Base, entering a line using a service product will remove the tax being calculated as part of the cost to the customer to a Use Tax. The Use Tax is not reported to the customer but calculated and included as a cost of the job.
Use Tax calculates the selling tax based on the gross cost of material. This tax is treated as a cost and is not reported on the customer's quote, order or invoice.
Sales Tax
Sales Tax calculates the selling tax on the customer's (retail) price and is reported on quotes, orders and invoices.
Line Tax
Line tax requires the user to determine the type of tax to use (sales or use) on a line-by-line basis when entering a quote or order in the system. The default selection is sales as in the event of an operator error, the (typically) higher selling tax calculation would be used.
GST% will be pulled from first non-zero store
Comments
Article is closed for comments.