Recurring
Payables Setup —
Tax/Totals Tab
Tax/Totals tab displays for the recurring payable:
- The tax group and tax authorities. The tax group assigned in the vendor record appears as the default for the recurring payable, but you can change it, if necessary.
- The vendor tax class. The vendor tax class is also assigned in the vendor record. However, for many tax authorities, the tax class varies depending on the purpose of the goods or services being purchased. You can change the tax class, if necessary.
- Estimated tax amounts, if tax is calculated for the recurring payable. You can specify how tax is to be calculated for the recurring payable using the Tax Amount and Tax Base fields.
Unless you select Calculate as the tax entry method, you must specify the total amount of tax for each tax authority on the Tax/Totals tab, then allocate to each detail the total tax amounts that you enter manually.
If you select Distribute as the tax entry method, you can enter the tax totals on the Tax/Totals, and let the program allocate taxes to the details when you save the record.
Note that the sum of the taxes for each detail must match the total you specify on the Tax/Totals tab.
- Whether tax is included in the total for this document.
You can change the Tax Included option only if the option Allow Tax in Price option is selected for the tax authority in Tax Services.
Click one of the links below for help on using the corresponding tab:
Click the links below for additional help on using the buttons on the Recurring Payables Setup form: