Contents of the Manage Taxable Sales Accounts Screen
Use the fields and options to configure the Manage Taxable Sales Accounts screen.
Identification
Field | Description |
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Sales Tax Code |
Click
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Description |
This non-editable field displays the sales tax code description. |
Table Window
Field | Description |
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Account |
Enter, or click
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Description |
This field displays the description for the selected account. Note: If your billings combine costs that are taxable in different states, you probably need to set up different cost accounts to properly track the costs that are taxable for each individual state. For example, if you use account "0653" for "Materials," and materials need to be billed using different sales tax rates, you could probably set up multiple "Materials" accounts; that is, set up "0653-001" for "Materials - Maryland," "0653-002" for "Materials - Washington, D.C.," "0653-003" for "Materials - Virginia," and so on. Then you would assign only accounts set up for a specific state to that state's sales tax code in this screen.
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Parent Topic: Manage Taxable Sales Accounts