Sage 300

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Tax Services

Posted By Judy McG over 5 years ago

Is there any way to set up in tax services to calculate a set dollar amount on specific products vs a percentage rate?

We sell automotive tires & batteries and must remit to the state at .50 per each.

Currently we track through OE miscellaneous codes, charging the customer and crediting our tax liability account.

0 Dana B. Stidsen over 5 years ago

Create a tax authority where the Tax Base is Standard Cost or Alternate Amount 1 then enter a cost of $10.00 for the item. Set the tax percentage at 5% for 0.50. Associate the tax with the item.
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0 Judy McG over 5 years ago in reply to Dana B. Stidsen

The original item (tire or battery) is also subject to sales tax and I would like to be able to associate a tax with the specific items (items subject to two different types of tax). Although you have a good idea, it still requires an additional line item and we could just continue using the miscellaneous code. it would give a tax report, tho.
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0 Dana B. Stidsen over 5 years ago in reply to Judy McG

It would NOT require another line item. Each item can have up to 5 different sales taxes associated with them. You decide what items are subject to what taxes.
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