Location Details: Taxation

The Taxation tab contains tax-related information that affects the way sales tax is handled in the Net-Chef Sales Transactions screen.

 

1. Under the Corporate menu, click Locations.
2. To edit a location record, click on the Name hyperlink.

• All tabs are visible by default. To show/hide a tab, click on the Menu icon and select the Tabs option. From the pop-up menu, check to show or uncheck to hide the desired tab(s).

3. Click on the Taxation tab.
4. Configure the desired settings on this tab.

• Enter the Tax ID number for the location, if applicable.
• Enter Register Readings in Net-Chef – Choose either 'Net' or 'Gross'.  If 'Net' is selected, users will enter net sales into Net-Chef, and the application will add on any applicable sales tax to calculate the gross sales value. If  'Gross'  is selected, users will enter gross sales into Net-Chef, and the application will remove any applicable sales tax to calculate the net sales value.
• Tax Retrieved From – Choose either "Calculation" or "Manual Input" (default, if not changed in the Company screen).
  If "Calculation" is selected, the application will calculate sales tax based on the tax rate assigned to the location’s State/Province.  If "Manual Input" is selected, either users will enter sales tax values manually in the Net-Chef Sales Transactions screen OR this value is included in the Sales Mix import file. In either case, the application will not attempt to calculate the sales tax value.
• Enter the Tax ID number for the location, if applicable.
• GL Numbers - Sales Tax – The "Add" list contains all General Ledger descriptions that are linked to the "Sales Tax" P&L substructure.

1. Click the Plus (Add) icon to add a row.
2. Click to select the appropriate GL(s) from the list on the right. To select more than one, press and hold the CTRL key when clicking.
3. Click the [<] (Add) button to add the selected option(s) or click the [<<] (Add All) button to add them all.
4. When finished, click the X (Close) icon in the selection pane to close it.

5. Click the Disk (Save) icon to save your changes.
6. To download and print these settings, click the Printer (Export) icon and select the desired options.
7. If necessary, click on any other tab as needed to configure settings on that tab. If not, skip to the next step.
8. When finished, click the X (Close) icon to return to the summary screen.

 

 

 

 

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