Enter tax authority information for each taxing location.
Complete the
Financial Setup process
first.
Some of these steps overlap with
other steps that you will perform when getting started in ProContractor. For example,
step 3 of the tax authority setup involves specifying the tax authority for each vendor,
which is done as part of the vendor setup.
Note: You can set up tax authorities to handle a variety of
different tax scenarios. See
Example Tax Scenarios and Setups for different tax scenarios and the corresponding setup
for each.
- Set up a tax authority for
each taxing location (state, local, etc.) on the Tax Authority screen.
Note: If a tax authority does not charge sales or
use tax for a specific cost type, in the Vendor Taxable Default tab, move the cost
type to the Taxable (No) grid.
- If tax should be calculated for multiple tax authorities at the same time in certain locations (for example, state tax and city tax), set up links between the tax authorities.
- During Vendor Setup, specify the tax authority for each vendor in the General tab.
Note: If a vendor is not charging sales tax, in the Taxes tab,
move all tax authorities to the Default Use Tax (Non-Nexus) grid.
- During Project Setup, specify the tax authority for each project in the General tab.
- During Material Setup, specify the tax authority for each warehouse in the General tab.
Once you complete the tax authority setup process, continue
to the Vendor Setup
process.