1.5 Maintaining Tax Categories for contracts

While maintaining customer information details you need to capture waiver information for tax computation. All the tax categories you maintain here are displayed at the product level, allowing you to link the tax category to the product.

Tax categories, along with a brief description of the category can be maintained through the Tax Category Maintenance screen.

To capture details of tax category maintenance screen

Specify the User ID and Password, and login to Homepage.

1. On the Homepage, type TXDCATMT and click next arrow.
   The Tax Category Maintenance screen is displayed.

   Note:

   The fields which are marked in asterisk red are mandatory fields.

   Figure 1-6 Tax Category Maintenance

   
   

   
   Description of "Figure 1-6 Tax Category Maintenance"

   
   
2. You can enter below details in this screen. For information on fields, refer to the field description table.

   Table 1-8 Tax Category Maintenance

   Field	Description
   Tax category	You can capture a unique code to identify the tax category. Note: While maintaining product details and associating a tax category, a list of all the valid tax categories you have maintained in this screen are available in the option list for the Tax category field. You can select the appropriate code.
   Description	You can also associate a brief description with the tax category. This description is for information purposes only and not be printed on any customer correspondence.
   Category Type	Here you can classify each tax category under Tax or IC. If the tax category is maintained under Tax, the categories are available at the product level for selection. However, the tax category maintained under IC are available only at the IC rule definition level. You need to calculate the tax on customer account balances.