Tax Tab
When the invoice is taxable, the system calculates tax information and displays it on the Tax tab. The tax rates, zone, and setup details derive from the tax attributes defined for the supplier. Tax accounts are defined for the current domain in Domain/Account Control.
You can edit tax lines to allow for changes in tax rates to be applied, and add additional lines where the invoice amount is split between multiple tax rates. For more information on tax rates and tax calculation, see
QAD Global Tax Management User Guide.
Field Descriptions
Own Tax Number
The tax number for the entity in which you are working displays. This number defaults from the headoffice address of the business relation to which the entity is linked.
Supplier Tax Number
This field displays the State Tax ID of the headoffice address of the business relation associated with the supplier.
Tax Point Date
Specify the date to be used in tax calculations. This date defaults from the posting date.
The following fields display in the tax grid:
Tax Class, Tax Usage
These fields default from the supplier, and can be modified.
Tax Environment
This field is automatically calculated based on the supplier and ship-to address details, and can be modified.
Tax Type
This field displays the tax type, which defaults from the tax environment.
Tax Code
This field displays the code of the tax rate, based on the tax environment for the combination of supplier and ship-to address.
Domain
This field displays the current domain.
TC Base Amount DR
This field displays the debit base amount in the transaction currency. This is calculated by the system using the total invoice amount (TC) and the applicable tax rate code.
TC Base Amount CR
This field displays the credit base amount in the transaction currency. This is calculated by the system using the total invoice amount (TC) and the applicable tax rate code.
TC Tax Amount DR
This field displays the debit tax amount (TC) calculated by the system using the total invoice amount (TC) and the applicable tax rate code.
TC Tax Amount CR
This field displays the credit tax amount (TC) calculated by the system using the total invoice amount (TC) and the applicable tax rate code.
Recalc
When you change the tax class, tax usage, tax environment, or the Taxable fields or modify one of the base amounts, this field is automatically selected, and the system recalculates the amounts when you have completed the line in the grid. You can also manually select or deselect this field
Non-Rev Tax Amount
This field displays the percentage of tax that is not recoverable. Taxes are recoverable whenever your company is eligible to offset a percentage of tax on purchases against tax collected on sales. Recoverable taxes are common in Europe.
Update Tax Allowed
When this field is selected, you can modify the base and tax credit and debit amounts during transaction entry. The changes you make are displayed in the SI posting tab. This field is set in the tax rate. This feature is useful for overriding the system if there is a need to match amounts on manually issued documents. In some environments, tax authorities require that you cannot modify the calculated tax amounts.
Delay Tax
When selected, this field indicates that taxes on this invoice are delayed. Delayed taxes are enabled for invoices through the supplier tax setup. See
Delayed TaxTax Amount on Delay Account
This field displays the amount of delayed tax calculated on the invoice.
Delay Tax Account
This field displays the name of the account used for delayed tax postings.
Delay Tax Sub-Account
This field displays the name of the sub-account associated with the delayed tax account.
Retained/Absorbed
This field indicates that the tax rate in use has been configured to retain taxes for payment directly to the government. When you have selected this option, you define an AP Tax Retained account in Tax Rate Maintenance (2.13.13.1).
Summary Information
The summary compares the invoice total with the sum of the base amounts and tax amounts. The system generates a warning if these amounts are different, but does not prevent you from saving the invoice.
TC Total Taxable Base Amount
This field displays the sum of the base amounts—debit or credit—of all the tax detail lines in transaction currency.
TC Total Tax Amount
This field displays the sum of the tax amounts—debit or credit—of all the tax detail lines in transaction currency.
TC Total Base + Tax Amount
This field displays the sum of the total base amount and the total tax amount—debit or credit—in transaction currency.
TC Invoice Amount
This field displays the total invoice amount—debit or credit—as entered on the General tab in transaction currency.