The Job Sales Tax list handles sales tax that you charge on sales and on
JOB SALES TAX BASICS
Entering Tax Rates | Data Fields | Tax Rate for Sales and Deliveries
Tax Rate for Estimates, Projects and Rentals | Using Lists | Using Job
Website Info Links
Accounting Software | Accounts
Receivable Software | Bookkeeping
Software | Point of Sale Software
Customer Accounts | Item Discounts | Sales | Sales
Branches | Vendor Sales Tax
Entering Tax Rates
enter Job Sales Tax, follow these steps:
- Choose Income Setup from the Income menu, then choose Sales Tax from the submenu.
- Click the New button, or click on an existing tax and click the Edit button.
- Enter details for the tax.
Enter the following information for each tax rate:
Name-- Enter a brief name for the sales tax rate.
Comments-- Enter any comments you have about this sales tax rate.
Paid To-- use the clairvoyant field to enter the agency that will receive tax payments. The field displays a list of Other
Breakdown Table-- Click in the Item column, and enter the name of the locality that receives this tax. Then click in the Percent column and type
in the percentage rate they receive. If there is a second tax component, press the Return key, and repeat the same steps in the next line. Repeat
as many times as you need.
Total Rate-- Goldenseal automatically calculates the total tax rate from the sum of its components.
Fixed Amount-- If the tax is a fixed amount rather than a percent, enter an amount into this field. Otherwise leave it at zero.
Rounding-- Enter the way to round this final tax amount.
Tax Rate for Sales and Deliveries
In Sales transactions, Goldenseal chooses a sales tax rate as follows:
- If there is a delivery method, the delivery method determines where to get the rate.
- If there is sales branch, Goldenseal uses its tax rate.
- Otherwise Goldenseal uses the customer's tax rate.
HINT-- you can always enter a different tax
rate for any transaction, if the one Goldenseal chooses is not correct.
Tax Rate for Estimates, Projects and Rentals
For estimates, project billing and rental transactions,
the usual tax rate for the customer or project account.
HINT-- you can always enter a different tax rate for any transaction, if the one Goldenseal chooses is not correct for
Using Job Sales Taxes
Enter a sales tax rate into Customer and Project accounts--
it's the tax rate that the account normally pays.
Enter a sales tax rate into Sales Branches--
it's the tax rate normally charged at that branch.
The tax rate is actually collected in income transactions-- Estimates, Sales, Billing
Records and Rental Transactions. Goldenseal automatically fills in the usual rate when you enter a customer or
a sales branch. You can always change the sales tax rate if you need to charge a different rate for some reason.
To charge sales tax on individual items in a Sales transaction with an item breakdown, turn on the Taxable Sales checkbox in
each Cost Item record.
To pay sales tax collections to your tax agency, use the Pay Bills command.
To include sales tax when you do time and materials billing, turn on the Include Sales Tax checkbox in Project
Payment Terms .
HINT-- To enter the sales tax rates that you pay on Material Purchases, use Vendor
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