Edit Tax Code

Activity overview

Unified Glossary

Basics of using Ramco Enterprise series web page

Using online help

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).

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.

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. 

Tax UOM

The unit of measurement of the tax.

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.