Tax Codes Fields Overview
Tax Code
The tax code. Enter the tax code in alphanumeric text without symbols or space.
Description
Description of the tax Code. Max. 100 character limit on this field
Tax Rate (%)
The tax rate as a percentage.
Status
The status (Active or Inactive) of the tax code. This field is based on the Effective Date.
Effective Date
Select the start date.
Tax Calculated Against
Select if the tax rate applies to gross invoice amount (pre-retention) or net invoice amount (after-retention). Select from Net or Gross.
Code Type
Allows tax codes to be grouped during the invoice assessment process. Choose from Standard and Self-Billing.
Last Published Wednesday, July 10, 2024