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tax_areas_-_required_setup [2007/12/06 13:44]
john
tax_areas_-_required_setup [2011/06/02 09:45]
darian
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 This can be demonstrated as follows: This can be demonstrated as follows:
  
-In Canada, there are three forms of Tax.  Provincal Sales Tax (PST), Goods and Services Tax (GST) and Hormonized ​Sales Tax (HST). ​ Depending on the Province to which the goods or services are sold, different taxes must be charged and remitted to the appropriate Tax Authority. ​ In order accomplish this collection and reporting, System Five needs to know how much tax to charge in each of the Tax Areas.+In Canada, there are three forms of Tax.  Provincal Sales Tax (PST), Goods and Services Tax (GST) and Harmonized ​Sales Tax (HST). ​ Depending on the Province to which the goods or services are sold, different taxes must be charged and remitted to the appropriate Tax Authority. ​ In order accomplish this collection and reporting, System Five needs to know how much tax to charge in each of the Tax Areas.
  
 Tax 1 is typically configured as PST Tax 1 is typically configured as PST
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 AB - Alberta AB - Alberta
 +
 BC - British Columbia BC - British Columbia
 +
 MB - Manitoba MB - Manitoba
 +
 NB - New Brunswick NB - New Brunswick
 +
 NL - Newfoundland/​Labrador NL - Newfoundland/​Labrador
 +
 NS - Nova Scotia NS - Nova Scotia
 +
 NU - Nunavut NU - Nunavut
 +
 ON - Ontario ON - Ontario
 +
 PE - Prince Edward Island PE - Prince Edward Island
 +
 QC - Quebec QC - Quebec
 +
 SK - Saskatchewan SK - Saskatchewan
 +
 YT - Yukon YT - Yukon
 +
  
 The Taxes applicable in each of these areas is different either by type of tax or by the rate that is charged. The Taxes applicable in each of these areas is different either by type of tax or by the rate that is charged.
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 {{wiki:​hstexample.jpg|}} {{wiki:​hstexample.jpg|}}
 +
 +In order for both the Tax Calculations and the Tax Reports to function correctly, all of these entries are required.
  
tax_areas_-_required_setup.txt ยท Last modified: 2011/06/02 09:45 by darian