1. Click General ledger> Setup> Sales tax> Sales tax codesto open the Sales tax codesform.

  2. Press CTRL+N to create a new line.

  3. In the Sales tax codefield, enter a unique identifier for the sales tax code.

  4. In the Namefield, enter a description for the sales tax code.

  5. In the Settlement periodfield, select the sales tax settlement period.

    Note Note

    This is the period in which the selected sales tax, represented by the sales tax code, is calculated and paid.

  6. In the Ledger posting groupfield, select the ledger posting group for sales tax.

  7. On the Generaltab, in the Type of taxfield, select the tax type as Excise.

  8. In the Currencyfield, select the currency in which the sales tax is calculated.

  9. Click Valuesto define the percentages or amounts and rate intervals for the sales tax calculation in specific periods.

  10. Enter the required details.

    Note Note

    For more information, see "Sales tax codes (form)" in the Applications and Business Processes Help.

  11. Press CTRL+S or close the form.

  12. Click General ledger> Setup> Sales tax> Sales tax groupsto open the Sales tax groupsform.

  13. Press CTRL+N to create a new line.

  14. On the Overviewtab, in the Sales tax groupfield, enter a unique identifier for the sales tax group.

  15. In the Descriptionfield, enter a description for the sales tax group.

  16. On the Setuptab, select the sales tax codes that apply to the selected sales tax group. The description and the percentage and amount of the sale tax code are entered automatically based on the setup defined in steps 1 through 11.

  17. Enter the required details.

    Note Note

    For more information, see "Sales tax groups (form)" in the Applications and Business Processes Help.

  18. Press CTRL+S or close the form.

  19. Click General ledger> Setup> Sales tax> Item sales tax groupsto open the Item sales tax groupsform.

  20. On the Overviewtab, in the Item sales tax groupfield, enter a unique identifier for the item sales tax group.

  21. In the Descriptionfield, enter a description for the item sales tax group.

  22. Click Setupand in the Sales tax codefield, select the sales tax code.

    Note Note

    For more information, see "Item sales tax groups (form)" in the Applications and Business Processes Help.

  23. Press CTRL+S or close the form.

See Also