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 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.