Specifies whether taxes will need to be paid when an item, in the Inventory module of Microsoft Dynamics GP, is purchased, and if so, on what basis.
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|
Constant |
Description |
|---|---|
|
Taxable |
A tax schedule will be provided for the item. |
|
Nontaxable |
The item will not be taxed when purchased. |
|
Based On Vendor |
All the details on the vendor tax schedule will be applied, depending on whether the shipping method is delivery or pickup. The shipping method will determine where the exchange of goods takes place and therefore which tax schedule appears as a default value for the transaction. If the shipping method is delivery, the tax schedule designated for the shipping address for the customer will appear as the default value. If the shipping method is pickup, the tax schedule designated for the site you're selling from will appear as the default value. |