The Compound Tax Table allows you to set up compound taxes. These taxes
are only applied to parts and are normally used for tires. You can specify up to
two taxes. If there are two excise taxes, you specify which tax is applied first
and which tax is applied second.
To add/edit a Compound Tax
1. Select Compound Tax
Table from the Standard Tables dialog box.
Compound Tax Table dialog box appears.
2. Add/edit the fields of
the Compound Tax Table as necessary. The table is comprised of the following
Description - The name of the tax rate category as it
appears in pull-down menu's and on printed reports.
Rate - The percentage of a part's selling price
that will be applied as a tax to the order.
Code - The General Ledger Code which will be applied to the tax
3. Select Done to save