Tax rates table

The tax rates are effective-date driven, and define the rates per tax code and jurisdiction.

1. At the EMMS main menu, select Administration | Tables --> | Administration Tables | Accounting | Tax | Tax Codes. The Display Tax Code screen appears.
2. Click Change . The Edit Tax Code change screen appears.
3. Click Tax Rates . The Edit Tax Rates change screen appears.
4. Click Add . The Edit Tax Rates add screen appears.
5. Fill in the fields as required.

   Tax Codeis the tax the rate is for. You can right-click in the field and select Prompt to select the tax from a list.

   Prov/Stateis the province or state that levies the tax. You can right-click in the field and select Prompt to select the province or state from a list.

   Effective Dateis the date the tax rate goes into effect. It can be a future date.

   Tax Rateis the percent charged for the tax, to 4 decimal places; e.g. a tax of 7% is entered as 7.0000.

   Percent Refundableis the percentage of the tax amount that is refundable by the government, to 2 decimal places. It is optional.

   Tax Registration Numberis the company's registration number for the tax. It is optional.

6. Click Enter to save the rates.
7. Click Exit twice to return to the Display Tax Code screen.

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