Alternate Tax Rate/Area Assignment Functionality in Advanced Contracts
The alternate tax rate/area assignment functionality enables you to use an alternate tax rate/area when the countries of the company, project, and customer are in the European Union.
When you work with contracts in the Create/Edit Advanced Contracts program (P52G01M), the system determines whether the alternate tax rate/area assignment functionality is enabled when you change the project/job or customer. The project/job is a business unit associated with the company. If you change the value for the project/job to a value associated with a different company, the system determines whether the new company has the alternate tax rate/area assignment functionality enabled. Similarly, because the country of the customer is one of the entities that you set up when you set up the alternate tax rate/area assignment functionality, a change in the customer can cause a change in the tax rate/area.
If you change the project or customer on the Work with Advanced Contracts form or on the Edit Invoice Level form and then click one of the Save buttons, the system determines whether the functionality is enabled and populates the Tax Rate/Area field according to these factors:
If the alternate tax rate/area assignment functionality is enabled for the company and the Project No. field is blank, then the system retrieves the tax rate/area associated with the customer.
If the functionality is enabled for the company and the Project No. field is not blank, then the system retrieves the alternate tax rate/area if no validations fail.
If the functionality is not enabled for the company and you leave the Tax Rate/Area field blank, the system retrieves the tax rate/area associated with the customer.
If you enter a value in the Tax Rate/Area field, the system retains the value that you enter and does not retrieve another value.
When you work with funding levels in the Create/Edit Advanced Contracts program, the project number is required. You can change the values for the project number and customer. If you change the project or customer and then click one of the Save buttons, the system determines whether the functionality is enabled and populates the Tax Rate/Area field according to these factors:
If the functionality is enabled for the company, then the system retrieves the alternate tax rate/area if no validations fail.
If the functionality is not enabled for the company and you leave the Tax Rate/Area field blank, the system retrieves the tax rate/area associated with the customer.
If you enter a value in the Tax Rate/Area field, the system retains the value that you enter and does not retrieve another value.