VAT taxation for iMIS Orders involves applying VAT to product categories, individual products, and freight and handling charges. Unless a customer has a nontaxable status, VAT freight and handling taxes are calculated on both taxable and nontaxable product purchases.
When applying VAT taxes to products and product categories, be aware that tax settings at the product level override tax settings at the category level.
The following situations demonstrate different tax rule applications:
Note: Before applying VAT tax codes to products and product categories, consult with an expert on VAT rules and regulations.
Note: You can override any applied VAT taxes at order entry.
10.6 Production Release. Updated 7/20/2005 2:12:15 PM
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