Master Records > Sales Tax Entity > Set Up Sales Tax Entity

To set up the sales tax entity code record, perform the following steps:

1.Access the Sales Tax Entity function from the Sales Tax group under the Maintenance menu in the Sales Order, Accounts Receivable, and Accounts Payable modules. Click the New button to create a new sales tax entity code.

Note: If the Sales Tax Entity Maintenance function is accessed for the very first time and there are no existing sales tax entity records, the Information page is automatically displayed; otherwise, the Search screen is displayed by default.

2.In the Tax Entity field, enter that code that you want to assign to the new tax entity code record.

3.Enter in the Description field a description for the tax entity code which is reflective of the type and nature of code you entered in the Tax Entity field.

4.Enter in the Short Description field a brief description for the tax entity code that is easily recognizable.

5.Click the List box button in the Status field to assign either an Active or Inactive status for the tax entity record. Inactive tax entity records cannot be used in recording transactions in AccountMate.

6.To set up general information of this tax entity record, go the the Information page. For more information, go to the Information Page section.

7.In the Tax Rate Schedule page, set up additional tax rates you want to assign to this tax entity. For more information, go to the Tax Rate Schedule Page section.

8.When you are ready, click the Save button in the function toolbar; otherwise, click Cancel.

Set Up Sales Tax Entity

Set Up Sales Tax Entity

See Also