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If you update rates belonging to locations that are already included in an authority, Receivables automatically updates all of the sales tax rates that are associated to this authority. You can review the changes in this window.
The number of sales tax rates created for each authority depends upon the postal code and date ranges that you assigned to each location included in your authority.
The following example demonstrates the criteria that Receivables uses to create sales tax records for your customer addresses. In this case, you have the following locations and rate assignments defined in Receivables where CA is the state of California, San Mateo is a county within California, and Foster City and Belmont are cities within San Mateo county:
Segment Value | From Zip | To Zip | Start Date | End Date | Tax Rate |
---|---|---|---|---|---|
CA | 96199 | 96199-9999 | 15-JUL-90 | ----- | 6.25% |
CA | 85364 | 89999-9999 | 15-JUL-90 | ----- | 6.25% |
CA | 90000 | 94999-9999 | 15-JUL-90 | ----- | 6.25% |
San Mateo | 00000 | 99999-9999 | 07-JUL-88 | 31-DEC-90 | 0% |
San Mateo | 00000 | 99999-9999 | 01-JAN-91 | 31-JAN-91 | 2% |
Foster City | 94063 | 94065-9999 | 01-JAN-91 | 31-JAN-91 | 1% |
Belmont | 94065 | 94069-9999 | 01-JAN-90 | 31-JAN-91 | 0% |
Table 1 - 7. (Page 1 of 1 - Locations and Rates as defined) |
When you enter and save these locations and their rate assignments, Receivables generates the following sales tax rate records:
Authority | From Zip | To Zip | Start Date | End Date | Tax Rate |
---|---|---|---|---|---|
CA.San Mateo. Foster City | 94063 | 94065-9999 | 01-Jan-91 | 31-Jan-91 | 6.25+2+1 |
CA.San Mateo.Belmont | 94065 | 94069-9999 | 15-Jul-90 | 31-DEC-90 | 6.25+0+0 |
CA.San Mateo.Belmont | 94065 | 94069-9999 | 01-Jan-91 | 31-Jan-91 | 6.25+2+0 |
Table 1 - 8. (Page 1 of 1 - Sales Tax Rates for review) |
Receivables only calculates sales tax rates for authorities that exist within your home country. For example, if you set up your sales tax system to handle business in the United States but you enter addresses in a foreign country, Receivables does not create locations, authorities, or sales tax records.
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