Tax Accounts MRAL

Use the Tax Accounts by Tax Type screen to link or amend a link of a General Ledger account to the tax type; each application must link a General Ledger account to a tax type. For example, code SLS is set up for sales tax. If Accounts Receivable, Card Billing, Accounts Payable, Purchase Orders, Fixed Assets and General Ledger operations use code SLS, you must make five entries in the Tax Accounts table, one per product. For Accounts Payable, enter an expense account; for Accounts Receivable, enter a tax liability account.

Open from:

If you are inserting details for a new tax account, the following fields must be entered:

Maintain Accounts button

Column

Description

Cmd

Allow you to manipulate the items in your list.

See Line Edit Commands.

Tax Code

Tax Code. Mandatory if inserting new Tax Account.

Nom

(Nominal Account and Management Codes)

Mandatory if inserting new Tax Account. A General Ledger Nominal Code and appropriate Management Codes must already exist on the system.

Ctr

(Nominal Account and Management Codes)

Mandatory if inserting new Tax Account. A General Ledger Nominal Code and appropriate Management Codes must already exist on the system.

Loc

(Nominal Account and Management Codes)

Mandatory if inserting new Tax Account. A General Ledger Nominal Code and appropriate Management Codes must already exist on the system.

Output Tax

You can enter the following values

  • 0 - Not Included:
    • If the entered Tax Type is exempt then the defaulf value will be '0'(Not Included).
    • If the indicator value is not entered and the system is an AP system then the value of indicator will be '0'(Not Included)
    • If the indicator value is not entered and the system is a GL system then the value of indicator will be '0'(Not Included)
  • 1 - UK: If the indicator value is not entered and the system is an AR system then the value of indicator will be '1'(UK)
  • 2 - EU
  • 3 - Non-EU

Output Tax Code

Can only be entered when the System is G(AP) and the indicator is set to 2(EU) or 3(Non-EU)

Input Tax

You can enter the following values

  • 0 - Not Included:
    • If the entered Tax Type is exempt then the defaulf value will be '0'(Not Included).
    • If the indicator value is not entered and the system is an AP system then the value of indicator will be '0'(Not Included)
    • If the indicator value is not entered and the system is a GL system then the value of indicator will be '0'(Not Included)
  • 1 - UK: If the indicator value is not entered and the system is an AR system then the value of indicator will be '1'(UK)
  • 2 - EU
  • 3 - Non-EU

Input Tax Code

Can only be entered when the System is G(AP) and the indicator is set to 2(EU) or 3(Non-EU)

Bal Class

Use only for Purchase Ledger.

If not described in this topic, click on a field and press F1 to view help. See Common Fields for more information.

Fast prompt allows you to quickly view a list of options for certain fields.

NOTE Field visibility can be defined by your System Administrator, so not all fields documented may be shown.

See Using the Command Line on opening the screen without going through the menu.