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Sales tax exempt codes

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Posted on by ThuNgo

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Hi Experts,

Can anyone share the purpose of Sales tax exempt codes setup and where it is used?

Path: Tax > Setup > Sales tax > Sales tax exempt codes

Thank in advance,

Best regards,

Thu

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Gaurangkumar Jani 4,511 User Group Leader on at

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RE: Sales tax exempt codes

You may get the details on Sales Tax Inequity & Standard Reports.
ThuNgo 978 on at

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RE: Sales tax exempt codes

Hi CA Gaurangkumar Jani,

So this is only used to clarify on sales tax group? Is there any report that related?

Thank you.

Thu
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Gaurangkumar Jani 4,511 User Group Leader on at

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RE: Sales tax exempt codes

Hi ThuNgo,

We normally used the exempt code with"Sales Tax Group".

Let's say we have One rate as VAT @20% but this can be exempt in multiple scenarios.

So we can mark this one as Exempt and provide an exempt code on each sales tax group.

Let us know if this helps.

Thanks,

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