Setting up Sales Tax Rules
In cieTrade, Customers can set up a defaulted Sales Tax code on the counterparty level that defaults on worksheets. However, if you have the use case where your customer's sales tax changes based on the ship to and/or ship from location, you can set up Sales Tax Rules, to eliminate the need to manually change the sales tax on the worksheet each time.
Before you can set up Sales Tax Rules, you will need to set up taxes. Please read t his help file to complete that.
1. Under Settings> Sales Tax> Sales Tax Rules, check 'Enable'. This will enable sales tax rules on Brokerage and Shipping worksheets.
2. Click +New Tax Rule
Each of the fields on this pop up are to define and restrict when a sales tax code is applied. If you select any of the drop downs, then it is telling the system that condition must be met on the worksheet in order to apply this sales tax.
The L oaded in is the Suppliers country (product country of origin). If this is on a shipping worksheet, the Warehouse will be used to determine the Country. The Destination is the Customers location country.
NOTE: For Loaded in and Destination, if either of these are populated with SPECIFIC country then the country drop down to the right will allow you to pick the country.
The Rule name is how you want to refer to this new rule. If you click the pen Icon, the system will generate a name for you based on the above fields.
The Description is an optional field to add a description of the tax rule for the user.
The PO tax code is optional requirement that must match in order for the Sales tax to be auto updated. There are different rules on where the system matches the PO, below is a breakdown:
- On a Brokerage worksheet: If the PO on the worksheet has have the same tax code as entered on the Sales Tax Rule, then it will take effect.
- On a Shipping worksheet, if the material comes from a converting job: The converted output must have the PO number put manually in the comment field of the inventory record. Then the system will look at that PO to match the tax code to.
- On a Shipping worksheet, if the material comes from inventory: The PO on the receiving ticket the material was purchased on will be used.
The shipping terms is optional. This list is from Settings> common information> shipping terms. If a shipping term is selected, it will further limit or restrict the conditions where this sales tax is applied.
3.Click Save Rule.
If you have additional questions, please contact the Support Team via email to support@cietrade.net.