Defining tax names
You can define common codes for tax names.
Tax names are any specific taxes that may pertain to orders and invoices.
Sterling Order Management System Software understands three different types of taxes: a tax against a price, against a charge, or a flat tax.
- A tax against a price is an additional cost for a percentage of the price of the order line.
- A tax against a charge is an additional cost for a percentage of an existing charge on the order header, or order line. When adding a tax against a charge, the charge category must be one that already exists on the order header, or on the order line.
- A flat tax is a fixed tax applied on an order, independently of any charge, or price.