Link Tax distribution to Tax code
The Tax distribution function is used to link coding rows to a Tax code created in the system.
To list the Tax distributions that are posted, select the menu item System configuration - Taxes and Fees - Tax distribution and click on View.
Create a new Tax distribution
Use the New button to open the form to create a new Tax distribution, the following form is displayed:
| Field | Description |
|---|---|
| Tax code | Here is the Tax code to which the distribution is to be linked. Read more in the chapter Tax codes. |
| Value | Applies to property tax, the field refers to property identity |
| Percent | Applies to property tax, states how much of the input tax is deductible when coding a cost regarding a property's common areas (in a property that houses both premises and homes). |
| Coding template for invoice WITH tax | Here, a coding template is created or selected that will constitute the distribution for how the tax is to be handled for incoming invoices linked to the current Tax code where the invoice has a tax amount. |
| Coding template for invoice WITHOUT tax | Here, a coding template is created or selected that will constitute the distribution for how the tax is to be handled for incoming invoices linked to the current Tax code where the invoice lacks a tax amount. Thus, a Tax code and which is linked to an invoice can generate different Tax -related coding suggestions depending on whether the invoice has input Tax or not. |
Edit or delete existing Tax distribution
To delete a Tax distribution, or edit an existing one, it is first opened from the basic view with the list of all existing Tax distributions and then it can be edited and saved again, or deleted.