T & M billing. When in set-up currently if we put a figure in the "overhead" column, after computing the invoice it does not calculate sales tax on the overhead amount. It lists it as a separate non-taxable line item.
After speaking with a supervisor today I learned that in the Sales Tax District set up the column labeled "profit" also includes overhead. But currently there is no where in Sage that tells you that.
That box must have a "yes" in it in order to computes sales tax on overhead and/or profit.
Please re-label this column and include in Instructions for T & M Billing that this box must be checked in order for sales tax to calculate as it should.
by: Kelly R. | over a year ago | Accounts Receivable
Comments