Setup for Tax Calculation on Electricity and Telecommunication Expenses (Brazilian Hub SuiteApp)
The taxes levied on the purchase of electricity or telecommunication services are ICMS, PIS, and COFINS.
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PIS and COFINS – To set up PIS and COFINS calculation on electricity and telecommunication expenses, see PIS and COFINS Calculation on Goods (Brazilian Hub SuiteApp).
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ICMS – To set up ICMS calculation on electricity and telecommunication expenses, see ICMS Calculation (Brazilian Hub SuiteApp).