Setting Up Tax Hierarchy for an Address Number

Access the Tax Hierarchy Setup form.

Address Number

Enter an address book number that corresponds to the Ship To address number that is used in the purchase order or the sales order cycle.

Country Tax Rate

Enter a number that identifies the percentage of tax that should be assessed or paid to the federal tax authority.

Country G/L Code

Enter a value to specify the G/L offset account to which the system writes the calculated tax amount. This value should be three characters only, for example, CBS. For this, in the UDC 76/GL, you must have completed the Codes field by entering these three characters of the G/L Offset followed by four characters that represent the GL class of the item or service at the branch/plant level.

State Tax Rate

Enter a number that identifies the percentage of tax that should be assessed or paid to the state tax authority.

State G/L Code

Enter a value to specify the G/L offset account to which the system writes the calculated tax amount. This value should be three characters only, for example, IBS. For this, in the UDC 76/GL, you must have completed the Codes field by entering these three characters of the G/L Offset followed by four characters that represent the GL class of the item or service at the branch/plant level.

City Code

Enter a value from UDC table 76/CY to identify the code for the city to be associated to the address book number.

City Tax Rate

Enter a number that identifies the percentage of tax that should be assessed or paid to the city tax authority.

City G/L Code

Enter a value to specify the G/L offset account to which the system writes the calculated tax amount. This value should be three characters only, for example, IBC. For this, in the UDC 76/GL, you must have completed the Codes field by entering these three characters of the G/L Offset followed by four characters that represent the GL class of the item or service at the branch/plant level.

Effective Date

Enter the date from when the tax rates become effective for the address book number.

Expiration Date

Enter the date till when the tax rates remain effective for the address book number.