This page allows you to modify or delete a tax code. tell me more. Tax laws undergo periodic changes and from time to time you will need to effect these changes in your system. This page allows you to modify the description and the “From” date. The system automatically calculates the “To” date, when value for “From” date is entered for the subsequent rate (as a day less than the “From” date of the subsequent rate).
Select the required hyperlink of “Tax Code” in the “Tax Code Details” multiline of the “Select Tax Code” page to modify or delete.
The “Edit Tax code” page appears.
The system displays details in the following field in the “Tax Code Details” group box:
Tax Code |
The tax code selected in the “Select Tax Code” page. |
Modify the details in the following field in the “Tax Code Details” group box, if required:
Description |
The textual description of the tax code selected. |
The system displays the following fields in the “Tax Code Details” group box:
Status |
The status of the tax code. |
Tax Type |
The tax type for the tax code. |
Tax Community |
The tax community for the tax code. |
Tax Region |
The tax region applicable for the tax code. |
Code Classification |
The classification of the tax code as "Regular,” or “Surcharge.” |
Code Type |
The code type applicable for the tax code. |
Tax Basis |
The tax basis applicable for the tax code. |
Modify the details in the following field in the “Tax Code Details” group box, if required:
Tax UOM |
The unit of measurement of the tax. |
Modify the details in the following fields in the “Rate Details” multiline, if required:
Unit Rate / Percentage |
The tax on unit rate, or as a percentage (Integer). |
From Date |
Modify from date as required, (Date Format). Overlapping of periods will not be allowed by the system. |
The system displays details in the following field in the “Rate Details” multiline:
To Date |
This is a read only field, the system generates the value for the “To Date” as a day less than the “from” date of the succeeding period. |
Check the box in the select column of the “Rate Details” multiline to modify or to delete the selected record.
Click the “Edit” pushbutton to save the modification of the selected line record in the “Rate Details” multiline.
Click the “Delete” pushbutton to delete the selected tax code.