Assigning Price Element to VAT and Sales Tax

Access the Assign Price Element form.

Price Element Type

Enter a user-defined code from UDC table 75I/TP that indicates the type of tax. Valid values are:

ST: Sales/Purchase tax

VAT: Value added tax

Adjustment/Preference Name

Enter a user-defined code from UDC table 40/TY that indicates the types of adjustments applicable during pricing.