Billing Item Entities

When you create a sales tax billing item type, you need to define to which agencies you are paying sales tax, how much, and which accounts to debit and credit. Optionally, you can assign additional details to the sales tax item.

1. Select the entity for which you collect sales tax, such as “Department of Revenue”. To modify the list of sales tax entities, from Control panel, select Fields and tables. Then, search for and edit the Sales Tax Entity table. For more information, see Manage Tables.

2. In the Percent column, enter the tax percentage rate.

3. In the Credit account and Debit account columns, enter or search for the default credit and debit accounts for the distribution.

4. If applicable, enter or search for the remaining optional values to assign the entity that may be custom to your organization.

5. If you need to collect tax for multiple entities, enter the information in the subsequent rows.