4How Do I Identify Jurisdictions for Manual State and Local Taxes

When manually configuring state and local taxes, you have two options for identifying the jurisdiction.

For this method

This is what you do

Fast formula

In cases where you're defining a state or local tax for a single jurisdiction, you can set the jurisdiction through fast formulas.

When you define the base element of the tax deduction, the element template creates these fast formulas.

  • <name> Tax_CHG_DEDN

  • <name> CHG_DEDN_CALCULATOR

Modify these formulas to derive the jurisdiction.

Element entry

In cases where you're defining a tax for use with multiple jurisdictions, you can enter the jurisdiction and rate details on the element entry.

  1. Configure the fast formulas to derive the jurisdiction.

    When you define the base element of the tax deduction, the element template creates these fast formulas.

    • <name> Tax_CHG_DEDN

    • <name> CHG_DEDN_CALCULATOR

  2. Configure element entry to pass the jurisdiction and applicable tax rate.