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Effective Date

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On this tab the following fields can be viewed:

 

hmtoggle_plus1Active Record Only

When clicked only the Tax Percentages that is active will display in the Tax Percentage History Grid.

 

hmtoggle_plus1Add

The "Add" button is enabled if a new code is entered (or spaces are entered in the tax code field).

 

The user must have a security profile to the function Tax Code with an access allowed of 'Add' to add new tax codes. When the "Add" button is clicked, the Tax Code, Description, Effective

Date, Tax Percentage, Input (Yes/No), Output(Yes/No) and Tax Variance Range is inserted in the Tax Code Percentage table.

 

Also see Business Rules

 

hmtoggle_plus1Change

The "Change" button is enabled when an inquiry is made on an existing tax code record.

 

The user must have a security profile linked to the function Tax Code with an access allowed of 'Change'.

 

When the Change is clicked, the Tax Code Percentage table will be updated with the new Effective Date, Description, Tax Percentage, Input (Yes/No), Output (Yes/No) and the Tax Variance Range.

 

Also see Business Rules

 

hmtoggle_plus1Delete

The "Delete" button is enabled when an inquiry is made on an existing tax code and the user has clicked on a record in the Tax Percentage History list box.

 

The user must have a security profile linked to the function Tax Code with an access allowed of 'Delete' to delete tax codes. When the "Delete" button is clicked, the selected effective date's tax code record is deleted from the Tax Code Percentage table.

 

Also see Business Rules

 

hmtoggle_plus1Description

The description of the type of tax.

 

hmtoggle_plus1Effective Date

Displays the date from which the tax code is effective. It must be greater than or equal to the present date when adding or changing tax codes.

 

The default is today's date when adding new tax codes or when tax code field is cleared. When adding a record to a tax code with existing records, the default date is the maximum effective date + 1 calendar day.

 

hmtoggle_plus1Tax Percentage

The Tax Percentage must be greater than or equal to 0. It may not be greater than the Maximum Tax Percentage on the System Configuration table (mandatory)

 

The default is the Default Tax Percentage on the System Configuration table.  If Differential Tax is not allowed as set on the System Configuration table, then only 0% and one other percentage are allowed.

 

hmtoggle_plus1Tax Percentage History

Displays the Tax %, Description, Input Tax Indicator, Output Tax Indicator and Tax Variance Range Per Effective Date.

 

hmtoggle_plus1Tax Variance Range

This percentage allows variances on the tax percentage specified. The minimum is 0% and the maximum is 100%. The sum of the tax percentage and this specified variance may not exceed the Maximum Tax Percentage on the System Configuration table.

 

If Differential Tax is not allowed as set on the System Configuration table then no variance van be specified i.e. the Tax Variance Allowed = 0.0% and the field is disabled.