Overview
The Tax Authorities report lists the tax authorities defined for your company.
When to Print
Print the report after you add, change, or delete tax authorities.
Information Printed on This Report
The Tax Authorities report lists the following information for each tax authority in the specified range:
- The authority code and description.
- The base on which sales tax is calculated (Tax Base).
The retainage tax base is the amount before included taxes used as the base for calculating the tax on retainage at the time the retainage is invoiced.
- Whether tax is reported at the invoice level (Tax Tracking).
- Whether tax can be included in the item price (Allow Tax in Price).
- The tax reporting currency (only for a multicurrency accounting system).
- The minimum tax cutoff (No Tax Charged Below).
- The maximum tax allowable.
- Whether tax is recoverable, and if so, the recoverable rate and Recoverable Tax account.
- Whether tax is expensed separately, and if so, the Expense account.
- The date the record was last changed.
- The Tax Liability account.
- The tax amount.
The retainage tax amount is the amount of tax for the retainage document.
- Whether to report tax on retainage documents at the time of retainage, or at the time of the original document, or not at all.