Hi:
Can the Tax Area Code be used within either Purchase Invoices or Sales Invoices?
Is the tax based on each state in which each vendor resides or on the state in which the end user's business resides?
When you create a purchase tax liability account in the chart of accounts for the Tax Area Code, is it a state-based liability account as opposed to a federal or local?
If the end user has vendors in many states, does this mean that a Tax Area Code will need to be created for each state?
Thanks!
John