You set up a tax clause to describe information about the type of tax that is being applied. The information may be required by government regulation. After you set up a tax clause, and associate it with a tax posting setup, the tax clause is displayed on all printed sales documents which have that tax posting setup group, such as a sales invoice.
To set up tax clause codes
In the Search box, enter Tax Clauses, and then choose the related link.
The Tax Clauses window opens. On a new line, in the Code field, enter a code for the clause. This code is used when you set up a Tax Posting group.
In the Description field, enter the text that you want to appear on tax-related documents. In the Description 2 field, enter additional text, if it is needed. The text will be displayed on a new line.
On the Home tab, in the Process group, choose Setup.
In the Tax Posting Setup window, you can set up a new posting group. On the Home tab, choose New.
Complete the setup by filling in the fields on the setup card. In the Tax Clause Code field, select a code that you have set up. For more information, see How to: Create a Tax Combination Setup.
Choose the OK button.
To assign a tax clause code to a posting group
In the Search box, enter VAT Posting Setup, and then choose the related link.
Select the posting setup that you want to modify, and on the Home tab, in the Manage group, choose Edit.
On the General FastTab, in the Tax Clause Code field, choose a code from the list.
Choose the OK button.
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For more information about how to work with fields and columns, see Work with Data. For more information about how to find specific pages, see Search. |