Supporting data : Supporting Data : Tax rates / VAT rates : Adding tax/ VAT rates
Adding tax/ VAT rates
Procedure
1. Go to Tax/VAT.
2. On the action panel, click Add.
3. Complete the fields in the data panel.
For description of these fields, see the following table:
Field
Description
Code
Specify the tax rate code.
Description
Enter a description for the tax rate.
Percentage
Enter the tax percentage.
4. Save your tax/VAT rate data.
The new tax rate is now available in the tax rate pick list that can be opened from within the Tax rate/VAT rate field in the following TSIs:
◦ Assets
◦ Contracts
◦ Cost settlement
◦ Invoices
◦ Purchasing
◦ Reservations
◦ Service providers-subcontractors
◦ Service Level Agreements
◦ Stock
◦
Work Orders