E-Business Tax (MOSC)

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Taxable and Non Taxable rate defining

edited Aug 18, 2017 5:03AM in E-Business Tax (MOSC) 1 commentAnswered

Hi All,

Is there any possibilities to define a taxable and non taxable rates for the state .

Requirement :

Due to recent changes in Pennsylvania sales and use tax audit, user has to begin itemizing the taxable and non-taxable amounts on the invoice.

In PA(Pennsylvania ), sales tax is calculated on only 65% of our full invoice. 35% of the invoice is non-taxable. Pennsylvania maintenance invoices would need to itemize the taxable amount which is 65% and the non-taxable amount which is 35% as separate lines.

Example

Invoice amount           $924.64

  

Nontaxable                  $323.62

Taxable                       $601.02

Thanks.

Govardhani Ethirajan.

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