Adding Tax Authorities

For each tax authority to whom you remit taxes, you create a record with details about the tax authority.

Add the general ledger accounts you will need for your tax data.

To add or edit a tax authority:

  1. Open Common Services > Tax Services > Tax Authorities.
  2. In the Tax Authority field, enter a code, up to 12 alpha-numeric characters. (To edit a current tax authority, use the Finder to select an existing code.)
  3. Enter a description for the new authority.

  4. Specify details on the Profile tab:

    1. Select a tax reporting currency.
    2. Enter an amount in the Maximum Tax Allowable field.
    3. Enter an amount in the No Tax Charged Below field.
    4. Select a tax base.
    5. Select a report level.
    6. Select the Allow Tax in Price option, if you need it.
  5. On the Accounts tab, use the Finders to choose accounts.
  6. Click Add (to save a new authority) or Save (to save changes to an existing authority).
  • To print a list of the tax authorities you have added or edited, click Print on the File menu. For more information, see Tax Authorities Report.
  • Add tax classes.
  • Enter tax rates.
  • Add tax groups.