Sage 300 provides solution to maintain the sales and purchase of goods as per user requirements. Major part of the Sales and Purchase Transactions is Inventory and Taxation.
In our previous blog “Taxes” and “Tax Classes in Sage 300 ERP” we had discussed about tax configuration and Tax classes, in this blog we will discuss about one of the feature of Tax Classes i.e. Exempt in detail.
New Stuff: Tax Tracking Report in Sage 300 ERP
Tax classes are used to define multiple tax classes for sales item, purchase item, customer and vendor.
The following is the path to define the Tax Classes in Sage 300
Path: Common Services >> Tax Services >> Tax Classes
- Exempt functionality is used to allow/deny input of Tax Rate in Tax Rate Master. (Refer the above screenshot.)
After selecting Exempt – Yes. Then in Sage 300, the system will not allow entering Tax Rate in Tax Rates Master. (Refer the previous and above screenshot.)
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Greytrix offers unique GUMU™ integrated solutions of Sage 300 with Sage CRM, Salesforce.com and Magento eCommerce along with Sage 300 Migration from Sage 50 US, Sage 50 CA, Sage PRO, QuickBooks, Sage Business Vision and Sage Business Works. We also offer best-in-class Sage 300 customization and development services and integration service for applications such as POS | WMS | Payroll | Shipping System | Business Intelligence | eCommerce for Sage 300 ERP and in Sage 300c development services we offer services such as upgrades of older codes and screens to new web screens, newer integrations using sdata and web services to Sage business partners, end users and Sage PSG worldwide. Greytrix offers over 20+ Sage 300 productivity-enhancing utilities that we can help you with such as GreyMatrix, Document Attachment, Document Numbering, Auto-Bank Reconciliation, Purchase Approval System, Three way PO matching, Bill of Lading and VAT for Middle East.
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