This report will provide tax information on EM transactions for Sales, Use, and Value Added Tax. It includes both single level and multi-level tax codes with a recap section for multi-level codes. Both the Tax amount recorded on the transaction and a recalculated tax (tax basis x tax rate) display on the report. On multi-level codes, the Posted Tax Amount will show the full posted amount for all parts of the tax code (since they are not split on the transaction), but the totals will not repeat. Since equipment transactions from AP will also be included on the AP Sales Tax Report, there is an option to exclude these transactions from this report to prevent duplicate reporting.