Working with Item Tax Options

    

Topic: Accounting > Working with US Sales Tax

Item Tax Options (ITO's) are flags indicating if a particular Line Item, on say a Sales Invoice, is taxable or not. By default salesorder.com has a single ITO which is called Taxable. You can specify as many ITO's as you wish, each has a name together with a flag to determine if it is taxable, or not taxable. For each Line Item on a Sales Document you can then select from the list of ITO's and determine if the item is taxed or not.

 

NOTE: You can assign a default Item Tax Option to an Item so that when an associated Line Item is placed on a Sales Document, it will automatically be assigned its default Item Tax Option.

 

The Item Tax Option is shown below, together with an example of its selection on a Line Item.

 

 Item Tax Option and associated selection on Line Item

Item Tax Option and associated selection on Line Item

 

Related tasks and information


Working with US Sales Tax

Working with Tax Authorities

Working with US Tax Codes

Working with Tax Groups

Working with Item Tax Options

Working with Items