Setting Up Tax Mapping

Access the Revise Tax Mapping form.

Employee Country

Enter a UDC (00/CN) that identifies a country. The country code has no effect on currency conversion.

The Address Book system uses the country code for data selection and address formatting.

If you leave this field blank, the system uses the country that is specified on the employee's address book record.

You can enter * in the Employee Country field to indicate all values that are not specifically defined.

Billable

Enter a code that specifies whether the tax rate area applies to billable expenses (expenses billed directly to the client). Values are:

Blank: Nonbillable expenses only.

1: Billable expenses only.

*: All expenses.

This field can help determine whether VAT tax is nonrecoverable.

You can enter * in the Billable field to indicate all values that are not specifically defined.

Tax Expl Code (tax explanation code)

Enter a hard-coded UDC (00/EX) that controls the algorithm that the system uses to calculate tax and general ledger distribution amounts. The system uses the tax explanation code in conjunction with the tax rate area and tax rules to determine how the tax is calculated. Each transaction pay item can be defined with a different tax explanation code.

Tax Rate/Area

Enter a code that identifies a tax or geographic area that has common tax rates and tax authorities. The system validates the code you enter against the Tax Areas table (F4008). The system uses the tax rate area in conjunction with the tax explanation code and tax rules to calculate tax and general ledger distribution amounts when you create an invoice or voucher.