Tax Computation
Trade Service Pro provides many different ways to set and override tax rates.
Tax rates can be managed by clicking the Admin menu and then selecting Regions and Tax Rates.
From here, you can create, edit and delete regions and their associated tax rates.
Note that it is your responsibility to ensure that tax rates are accurate and to update any changes to tax rates.
When editing a region, you can set it as the default region assigned whenever an address is created. If you set a default region it can always be changed when creating an address. This can be helpful if most of your business is conducted in one region.
Tax overrides can be managed by clicking the Admin menu, then selecting Tax Overrides.
When creating or editing a tax override, you can set a description and the associated tax rate. Tax overrides can then be associated with a customer or job. A typical example of a tax override is for non-profit organizations with a 0% tax rate.
When editing a customer record, you can optionally set a tax override by clicking the Options tab and selecting from the tax override dropdown list. This list will display the tax override options configured in the Tax Overrides screen under the Admin menu.
If a customer has a tax override set, any jobs created for that customer will automatically have that tax override applied to the job by default. The job tax override value can be cleared or changed regardless of the customer tax override value.
By default, a job will compute tax based on the tax rate defined for the region associated with the job customer. This value can be overridden on a job-to-job basis.
When editing a job record, you can optionally set a tax override by clicking the Options tab and clicking on Add Tax Override. This tax override functionality on a job differs slightly on a job as opposed to a customer. On a customer, you can only select from the configured tax overrides. On a job, you can select from the configured tax overrides, modify them just for a particular job, or create a tax override on the fly that will only be applied to that job, providing greater flexibility for defining tax overrides when creating jobs.
When adding or editing a job detail, you can set that job detail as Non-Taxable, and that job detail will not be included when computing tax for a proposal or invoice.
Tax computation in Trade Service Pro can be turned on/off by clicking the Admin menu and selecting System Settings. From the System Settings screen, locate the Compute and apply tax setting. The default value is YES.
When this is set to YES, the application will compute and apply tax based on the region tax rate and tax override values. When this is set to NO, the application will not compute and apply tax. Note that if a tax override is set for a customer or job, it will override the Compute and apply tax setting.
