The Product Tax Rates frame allows you to define tax information on Fuel Products received into inventory or fuel issued to Units. Before you can enter the rates here you must first create the Product Tax Codes.
System Flag 1111 must be set to 'Y' to use this functionality. See the System Flags section below for more information. NOTE: To use existing Tax Schemes this flag must be set to 'N'.
Create
To create new tax rate information for a specific product, enter the product number or double click in the field to select one from the list of values (LOV).
In the blank Tax Type field, enter a Tax Type or double click in the field to select one from the list of values (LOV). Then enter an Effective Date and End Date for the rate. Check the 'Prepaid' flag box if the tax is prepaid (before issue).
Finally, enter the rate (percentage) in the Tax Rate field. When finished entering tax types and rates for the product. Click the 'Save' button at the top of the frame.
Modify
To modify tax rate information, enter a product number or double click to select one from the LOV. Press tab or enter to load the data on the frame.
After making the necessary changes, click the 'Save' button to update the record.
Delete
To delete a tax rate from a product, click in the row of the tax type you want to delete to make it active. Click the 'Delete' button at the top of the frame. The selected row will turn red. Click the 'Save' button to delete the record from the list.
System Flags
1111 - Fuel Tax Calculation Available? (Y/N) - If 'Y', product issues calculate the amount of tax due or refundable for each issue transaction based on the setup on Product Tax Rates and Product Tax Codes. A refund is calculated for transactions where the tax is pre-paid and the unit has an off-road percentage greater than zero. A tax due is calculated for transactions where the tax is not pre-paid and the unit has an off-road percentage less than 100.
5347 - Use tax schemes for commercial fuel issues to units and departments? (Y/N/O) - The default will be N. When flag value is Y, then apply tax scheme when issuing commercial fuel to units and departments. If O, apply tax scheme only when issuing commercial fuel to departments flagged as "outside", or the unit's using department is flagged as "outside". If flag 1111 is "Y", then this flag is ignored and the traditional "product tax codes" are used instead.
5348 - In-House Fuel Issue to Department? (Y/N) - The default will be N. When flag value is Y, then apply tax scheme when issuing in-house fuel to units and departments. If O, apply tax scheme only when issuing in-house fuel to departments flagged as "outside", or the unit's using department is flagged as "outside". If flag 1111 is "Y", then this flag is ignored and the traditional "product tax codes" are used instead."
For more information see the Fuel Process User Guide.
Last Updated: 11/29/2016
NOTE: To view a list of System Flags and Role Privileges that may impact this screen, hover over the screen title in M5 to display the bubble help/tooltip. At the bottom of the bubble help/tool tip, there is a Settings hyperlink. Click that hyperlink to display the list of flags and privileges.
Additional training and technical documents on this subject may be available in the Resource Files area.