SST Taxes and Charges Template

(A) Update Item Tax for Items

1. Before creating the new Taxes and Charges template for SST, item master data Item Tax would be pre-determined. 

2. There are a few types of approaches to allocate the Item Taxes

      a) If a new Finished Goods item is created, set the new Item tax data in the Item Master when the sales tax is                            applicable.

                   

     b) If using an existing Finished Goods item, remove the former item tax data and replace it with the new tax account               and Tax rate into the Item Tax. The example of new Sales Tax, you may follow section b) as shown above.

                     

     c) For new and existing Traded Goods or other items (new and existing), please remove all tax data in the Item Master             because these items are non-taxable

               

B) Set up New Taxes and Charges Template