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Microsoft Dynamics GP (Archived)

Multi Sales Taxes

Posted on by Microsoft Employee

Hello All,

I am configuring a tax scenario where there is say 6% tax charge on all services then a 15% on the sum of the value of the service and the 6% tax and a further 2.5% on the value sum of the value of the service and the 6% tax

Service                                     $1,000.00

Tax A (6%)                                     $60.00

Sub-total                                  $1,060.00

Tax B (15% on $1,060.00)           $ 159

Tax C (2.5% on $1,060.00)          $26.5

Total                                           $1,245.5

Can someone please help me figure this one out.

Regards

Sumaila

*This post is locked for comments

  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Multi Sales Taxes

    Thanks Richards

  • Verified answer
    Richard Whaley Profile Picture
    Richard Whaley 25,195 on at
    RE: Multi Sales Taxes

    Mark Tax A tax detail as taxable.  For tax B and C details, do not mark them as taxable but select the Based On "percent of Sale plus Taxable Taxes.

    Put the three tax details in a tax schedule.

    Download our free white paper on setting up taxes from www.accoladepublications.com

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