| # Multiple Tax Code Lines (tcmcs0535m000) Use this session to list the multiple tax-codes defined for the country shown at the top of the session. Of each tax code the tax sequence numbers are shown. You can define and maintain multiple tax codes in the Multiple Tax Code Lines (tcmcs0135s000) details session. Use the Group menu or the Group buttons to list the multiple tax codes of another country. Choose New on the Group menu to enter multiple tax codes for a new country. Before you can use this session, you must define the tax code and assign it to a country. Related topics To set up the tax rates Country Countries are the national states where your suppliers and customers are located. For each country you can define the country code, international dialing, telex, and fax codes. Countries are part of the data that you must set up for tax reporting. In addition, items can be grouped and selected according to their country of origin. Tax Code A code that identifies the tax rate and which determines how LN calculates and registers tax amounts. Sequence The sequence number of this part, or line, of the multiple tax code. LN assigns a sequence number to the multiple tax code line when you specify the tax details in the Multiple Tax Code Lines (tcmcs0135s000) details session. Calculation Method The way the tax is calculated. For details, refer to VAT Calculation Method. |