Configuring Tax Defaults for Inventory Products
The tax information defined on the General System Parameters screen for
the organization unit will determine which fields will be enabled on the
Tax/VAT Control section of the GL Accounts screen in the Product Maintenance.
Updates made to this information are not retroactive and will only apply to
future products setup. (Note: Most information for the general setup is
already setup for the organization. Any changes made to this screen will have
impacts organizational-wide.)
- Using the System Administrator Persona, from
the ribbon in Personify, select System Admin > Organization
Structure > Organization Unit Definition. The Organization
Unit Maintenance screen will display.
- Click Search and Select the
organization/organization unit. The Organizational Unit Maintenance |
General System Parameters screen will display.
- From the Tax Information section, update the
following as needed.
- Update the Tax/Vat Control drop down.
Based upon the selection will change what is available when setting up
individual products.
Charge both sales
and VAT tax: Both the Tax
Category and VAT Category drops downs are enabled on the GL Accounts section of
Product Maintenance.
Charge Sales tax
exclusively: (Default)
Only the TAX Category drop down is available on the GL Accounts section of
Product Maintenance.
Charge VAT
exclusively: Only the VAT
Category drop down is available on the GL Accounts section of Product
Maintenance. The Charge VAT to All Customer checkbox will also be enabled.
- Update the Tax Level to either
Bill-to or Ship-to (default).
- If the organization unit uses Canadian tax,
enter the GST Number.
- Save
any changes made.