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Tax
For the automatic VAT/tax system, program the following items in
Tax
of Tax in Payment module.
NOTE
Tax table is for US tax system.
Payment / Tax / Tax (for each tax (1-10))
Category
Authority
Item
Parameter
Number
SMA
Tax Number
(1 -10)
Tax Text
SMA
Normal Text
30 characters text
Tax system
SMA
Tax system
Inclusive Tax (VAT)
/ Add on Tax
SMA
Calculation Base
Tax on Tax / Tax on Base
Add on Tax
SMA
Calculation method
% Tax / Tax Table
% Tax
SMA
Tax Rate
% rate
SMA
Fraction treatment
Disregarding
/ Raising to unit
/ Rounding
SMA
Lower Tax limit
(amount)
Table Tax
SMA
Tax rate
(% rate)
SMA
Cycle
(amount)
SMA
Initial tax
(amount)
SMA
Tax exempt limit
(amount)
SMA
Break point (maximum 100 break points) (amount)