Fields and controls
Class Type
Select one of the following class types:
- Customers. Select this class type if the transaction type is Sales.
- Items. Select this class type if the transaction type is Purchases.
Tax Authority
Select the code for a tax authority.
A description of the specified tax authority will appear in the Tax Authority Description field, if available.
Transaction Type
Select a transaction type: Sales or Purchases.
Detail Table
Exempt
To apply an exemption to a specific tax class and tax authority, enter Yes in this field by double-clicking the field.
The subledgers set the tax amount and the tax base to zero for exempt tax classes and tax authorities.
Overview
You use the Tax Classes screen to:
- Add tax classes to the tax tables you set up for your tax authorities.
- Change information for existing tax classes.
- Delete tax classes you no longer need.