Wikiadmin: Created page with "{{BackTo|Screens Reference}} == Tax Rate == Each tax rate in Openbravo is a combination of different variables such as the tax category, the rate and the business partner tax..."

2018-10-26T19:11:41Z

Created page with "{{BackTo|Screens Reference}} == Tax Rate == Each tax rate in Openbravo is a combination of different variables such as the tax category, the rate and the business partner tax..."

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== Tax Rate ==
Each tax rate in Openbravo is a combination of different variables such as the tax category, the rate and the business partner tax category among others.<br>If all those variables are properly setup the correct tax rate is automatically filled in every business transaction.

=== Tax ===

Tax rate window allows to create as many tax rates as required.
* '''[[Screenshot:Organization#Organization | Organization]]''' : Organizational entity within client
* '''Name''' : A non-unique identifier for a record/document often used as a search tool.
* '''Valid From Date''' : A parameter stating the starting time of a specified request.
* '''[[Screenshot:Tax Category#Tax Category | Tax Category]]''' : A classification of tax options based on similar characteristics or attributes.
* '''Summary Level''' : A means of grouping fields in order to view or hide additional information.
* '''Rate''' : The percentage to be multiplied by the source to arrive at the tax or exchange amount.
* '''Sales/Purchase Type''' : Sales Tax applies to sales situations, Purchase Tax to purchase situations
* '''Document Tax Amount Calculation''' : Document tax amount calculation criteria
* '''[[Screenshot:Country and Region#Country | Country]]''' : A state or a nation.
* '''[[Screenshot:Country and Region#Country | Destination Country]]''' : The country receiving a shipment
* '''Base Amount''' : Base Amount to be used for the calculation of the tax amount.
* '''[[Screenshot:Tax Rate#Tax | Tax Base]]''' : Tax rate used as tax base amount for tax calculation
* '''[[Screenshot:Country and Region#Region | Region]]''' : An area of a specific country.
* '''[[Screenshot:Country and Region#Region | Destination Region]]''' : The state/province inside of a country receiving the shipment.
* '''Line No.''' : A line stating the position of this request in the document.
* '''Description''' : A space to write additional related information.
* '''[[Screenshot:Tax Rate#Tax | Parent Tax Rate]]''' : Parent Tax indicates a tax that is made up of multiple taxes
* '''[[Screenshot:Business Partner Tax Category#Business Partner Tax Category | Business Partner Tax Category]]''' : Bussines Partner Tax Category as a Vendor
* '''Active''' : A flag indicating whether this record is available for use or de-activated.
* '''Default''' : A value that is shown whenever a record is created.
* '''Cascade''' : Any additional discount built upon the remaining total after applying previous discounts.
* '''Withholding tax''' : Is withholding tax
* '''Not Taxable''' : Check if it is not taxable
* '''Tax Not Deductible''' : Tax Not Deductible
* '''Tax Deductible''' : If active, this rate will behave as a tax deductible rate, no matter if the organization where used is tax deductible or not.
* '''Deductible Rate''' : Deductible Rate
* '''Original Rate''' : Original Rate
* '''Tax Exempt''' : A condition stating that for a specific case, taxes must not be applied.
* '''Tax Search Key''' : A fast method for finding a specific tax.
* '''Tax''' : The percentage of money requested by the government for this specified product or transaction.
* '''No VAT''' : Is no VAT tax
* '''Creation Date''' : The date that this record is completed.
* '''[[Screenshot:Client#Client | Client]]''' : Client for this installation.

=== Tax Zone ===

Tax zone defines the origin country/region and destination country/region where a given tax rate applies,<br>for those case where it is not enough to define only one "Origin" Country/Region and only one "Destination" Country/Region at header level
* '''[[Screenshot:Country and Region#Country | From Country]]'''
* '''[[Screenshot:Country and Region#Country | Destination Country]]''' : The country receiving a shipment
* '''[[Screenshot:Country and Region#Region | From Region]]'''
* '''[[Screenshot:Country and Region#Region | Destination Region]]''' : The state/province inside of a country receiving the shipment.
* '''Active''' : A flag indicating whether this record is available for use or de-activated.
* '''[[Screenshot:Tax Rate#Tax | Tax]]''' : The percentage of money requested by the government for this specified product or transaction.
* '''[[Screenshot:Organization#Organization | Organization]]''' : Organizational entity within client
* '''[[Screenshot:Client#Client | Client]]''' : Client for this installation.
* '''C_Tax_Zone_ID''' : Tax zone identifier

=== Translation ===

Tax rates can be translated to any language required.
* '''[[Screenshot:Language#Language | Language]]''' : A method of communication being used.
* '''Active''' : A flag indicating whether this record is available for use or de-activated.
* '''Translation''' : An indication that an item is translated.
* '''Name''' : A non-unique identifier for a record/document often used as a search tool.
* '''Description''' : A space to write additional related information.
* '''Tax Search Key''' : A fast method for finding a specific tax.
* '''Tax Translation'''
* '''[[Screenshot:Tax Rate#Tax | Tax]]''' : The percentage of money requested by the government for this specified product or transaction.
* '''[[Screenshot:Organization#Organization | Organization]]''' : Organizational entity within client
* '''[[Screenshot:Client#Client | Client]]''' : Client for this installation.

=== Accounting ===

Accounting tab allows to configure the account to be used while posting tax rate transactions to the general ledger.
* '''[[Screenshot:General Ledger Configuration#General Ledger Configuration | General Ledger]]''' : The book containing all financial transactions recorded for the legal entity.
* '''Active''' : A flag indicating whether this record is available for use or de-activated.
* '''[[Screenshot:Account Combination#Combination | Tax Due]]''' : Account for Tax you have to pay
* '''[[Screenshot:Account Combination#Combination | Tax Credit]]''' : Account for Tax you can reclaim
* '''Tax Accounting'''
* '''[[Screenshot:Tax Rate#Tax | Tax]]''' : The percentage of money requested by the government for this specified product or transaction.
* '''[[Screenshot:Organization#Organization | Organization]]''' : Organizational entity within client
* '''[[Screenshot:Client#Client | Client]]''' : Client for this installation.

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[[Category:User Guide]]

Screenshot:Tax Rate - Revision history

Wikiadmin: Created page with "{{BackTo|Screens Reference}} == Tax Rate == Each tax rate in Openbravo is a combination of different variables such as the tax category, the rate and the business partner tax..."