Setting up tax entities

To set up tax entities:

1. Open 3-6 Receivable Clients.
2. Beside the Tax District list, click the View/Add records( ) button.
3. Right-click in a blank Tax Entity cell to display the grid menu.
4. Click Display Detail/Add Record to open the Tax Entities window.

5. For each tax entity:

   1. In the Tax Entity# column, enter the number you want to assign the tax entity.

   2. In the Entity Name column, enter a brief description of the tax entity.
   3. In the Remit To column, enter the name to which you remit payments.
   4. In the Address 1, Address 2, City, State, and Zip text boxes, enter the address.
   5. In the Tax Rate column, enter the tax rate.

   6. In the Billing Limit column, enter the maximum dollar amount.

      Sage 100 Contractor stops calculating the tax when the total of the taxable items on the billing invoice(s) equal or exceeds the maximum.

   7. In the Limit Type column, enter the number representing the calculation limit.

      The limit type establishes how Sage 100 Contractor determines when the amount in the Billing Limit text box is met.

6. Click File > Save.