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Sales Tax Tables Maintenance - State
General Information
This screen lets you set up tax rates
and product tax classes for state(s) or provinces. It also lets you
set up finance charges at the allowable state levels to be applied
to overdue receivables from customers.
Note: M.O.M. includes the complete list
of states for the U.S.A. and a complete list of provinces for
Canada. States or provinces for other countries must be setup using
the Database Utility (DBU). Contact Dydacomp Technical Support for
assistance.
See Also
Sales Tax Tables
Maintenance - Overview
How To Use the Screen
Setting up Tax Rates for a State or Province
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Select the state(s) on the list in
which your business operates. Enter a TAX RATE FOR STATE if one
applies.
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If a state requires you to charge tax
on customer shipping charges, check the TAX SHIPPING box.
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If a state requires you to not charge
tax on boxes with all non-taxable items, check the DO NOT TAX
SHIPPING ON BOXES WITH ALL NON-TAXABLE ITEMS box.
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If a state requires you to charge tax
on handling fees only, check the TAX HANDLING FEES ONLY box.
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Optionally, use the pull-down menu to set up as many as five
(A-E) tax classes for the State to classify specific product sales
at a specific rate. For each tax class that you set up that is
taxable, check the box, TAX CLASS IS TAXABLE and enter the TAX RATE
for the class. Tax classes are assigned to products in the Stock
Maintenance - General Information screen.
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Optionally, set the MAXIMUM TAX RULES by checking the STOP
TAXING AFTER TOTAL MERCHANDISE EXCEEDS $____ box and entering a
value to taxing merchandise after a designated merchandise total.
Note: this can be set
differently for each Tax Class.
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Optionally, set the MINIMUM TAX RULES by checking the ONLY TAX
ITEMS THAT EXCEED $____ box and entering a value to start taxing an
item that exceeds a designated amount.
Note: this can be set
differently for each Tax Class.
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Select the CLOSE button, or continue with county and/or ZIP/city
level taxes and tax classes.
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If a state requires you to collect
sales tax at the county level, highlight the state in the list and
select the County Tax Rates tab to set up the tax
rates and classes for the counties.
Setting up Finance Charges by State or Province
Each U.S. state has a "maximum
allowable" finance rate that can be applied to collectibles from
residents in that state. Before setting up finance charges for a
state, it is advisable to inquire about maximum allowable
rates.
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Select the state on the list for which
finance charges are to be established.
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Enter the FINANCE CHARGES RATE FOR
STATE.
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