Chapter 8. Point of Sale (POS)
SALES—3. SALES TAX
Sales tax is added automatically on the back page of a POS transaction. It is
posted to the appropriate G/L accounts. A number is assigned to correspond with
each type of sales tax you may have and that number is entered for each customer
in the Customer Master File (CM1.D). For example:
1 = Retail 6.25% State Sales Tax
2 = Resale 0%
3 = Government 0%
You can have up to 999 different tax codes depending on your state and local laws.
There are other features of tax codes that need to set up.
Description This description can be up to 15 alpha-numeric
characters long. It is displayed at POS after entering the
tax number. It also prints on the Sales Analysis day end
report showing the day’s totals by tax code.
4 Decimal Places Enter Y if the tax requires up to 4 decimal places instead
(Y/N) of 2. Works in conjunction with Percent below. Or enter N
to not use this option.
Percent Enter the percentage for this sales tax code. For example,
if you have a 6.25% sales tax rate, enter 6.25. Or if the
tax requires up to 4 decimal places (i.e., 5.7525), enter
5.7525. If you are setting up a non-tax code, enter 0.
G/L Account This is the G/L liability account number to be credited.
You
must have a G/L account number.
Allow Discount on Y = Discount will be taken on this amount.
Tax (Y/N) N = Discount will not be taken on this amount.
) NOTE: If you require a multiple tax set up, contact your Implementation Specialist or support
analyst.
Dimensions 14 331
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