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When is a Tax not a Tax?
The fluctuation in the cost of fuel today makes it difficult for some companies to recover
fuel expenses in standard operating margins. Therefore they
might want to add a fuel charge when invoicing
customers, with the charge being calculated as a percentage of the
invoice subtotal.
You can you set up Sage Accpac
ERP so it automatically adds/calculates this additional
charge. Although you wouldn't automatically think of Accpac's Tax
Services for the solution it can be used for a quick and simple
fix.
In Common Services/Tax Services/Tax
Authorities set up the new "tax authority" and attach it
to the revenue account of your choice
(i.e. "Fuel Surcharge Revenue)
In Common Services/Tax Services /Tax Classes set up the
taxable/exempt classes.
In Common Services/ Tax
Services/Tax Rates set up the rate for the fuel surcharge.
In Common Services/Tax Services/Tax Groups modify all the tax groups that you want to
add the fuel surcharge to, or you can create new tax groups to
replace the old ones
Depending on the set up of your Accpac database you might have to
revise customers, "ship to locations", items and miscellaneous charges
etc.
Revise your Crystal reports/forms
to reflect the new "tax" and test the new set up with an
order.
Similar set ups can be used for a
variety of purposes, whenever the additional charge has to be
calculated as a percentage of the order/invoice subtotal.
For more information on using and customizing
your Accpac system contact us at (416) 490-1339
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