August 10, 2012

GPTip42day - Taxable Inventory Items - SOP & POP

This is a topic that bears some reminding now and then.  When you set up an item in the Item Card to be Taxable for sales (or purchasing, for that matter), you must assign the 'All Details', or equivalent tax schedule to the item.  Not doing so will prevent sales tax from being calculated on the item on a sales or purchase order, even though all other tax-related settings are in place.

* Click on image to enlarge

1 comment:

0s0-Pa said...

Good to know. With so many things to look out for in our tax code, its always nice to have people point things out.
-Jackie @ Inventory software