General ledger> Setup> Profit tax> Sales tax relations

–or–

Fixed assets> Setup> Tax accounts> Sales tax relations

Use this form to create sales tax relation codes and budget revenue codes.

Tasks that use this form

Navigating the form

The following tables provide descriptions for the controls in this form.

Tabs

Tab

Description

Overview

Set up the sales tax relation codes.

General

View or modify the sales tax relation code details.

Fields

Field

Description

Module

Select the module to which the sales tax is attached.

Type of tax

Select the tax type that you want to attach to the sales tax from the following options:

  • Other

  • Standard VAT

  • Excise

  • Reduced VAT

  • VAT 0%

  • Assessed tax

  • Transport tax

  • Land tax

Code

Select the sales tax code.

Expense code

Select the expense code.

Name

The name of the sales tax code.

Ledger account

Select an account for posting the fine amount in the ledger.

Budget revenue code

Select the budget revenue code that corresponds to the selected tax code.

Note Note

The following fields are available only if you open the form in the Fixed assets module.


Name

Name of the budget revenue code.

Benefit by reduction of rate

Select the benefit code by reduction of tax rate.

Benefit by reduction of tax

Select the benefit code by reduction of tax amount.

Privilege value

Enter the benefit amount.

BCC

Select the budget classification code for fine transactions.

See Also