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 with the appropriate sales tax account 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, please remove all tax data in the Item Master because these items          are non-taxable.

               

B) Set up New Taxes and Charges Template

1. Create new Sales Taxes and Charges Template for SST

 

 

2. Disable all other Purchase and Sales Taxes and Charges Templates
3. Clean up existing Tax Rules and create a New Tax Rule to set the new SST template as the default template in Sales Orders (let me know if you need help on this)
4. Update the SO and DN print formats (let me know when you want to start on this, i'll show you how)