Use the Tax Formulas maintenance form to create, edit, or delete Tax Formulas based off of Tax Rates that have been created. 

It's similar to creating Conversion Formulas based off of Conversion Rates, such as EndRat or AverageRate.

Access the form

To access the form:

  1. Select the Maintain module.
  2. Select Consolidation if prompted for a Rule Set.
  3. Select Tax Formulas in the Tax section to open the form.
  4. A list of the current Tax Formulas is displayed.

Using the form

The Tax Formula form opens with all the Tax Formulas in view. 

Note: These formulas must be based on Tax Rates previously created. You can use any of the active tax rates in a formula, as well as use the pre-fix Opening before any tax rate in a formula.

The Tax Formula column is available:

ColumnValue
Tax FormulaEnter the formula based on the Tax Rates.