Item Details - Taxes
Prism users can set the sales tax amount for each item on a transaction on an automatic or manual basis in Item Details. Automatic is the default Tax Calculation method. This means that the tax amount for the item is determined by the tax rate assigned to the item's tax code in the current store's tax area. When set to Automatic, you can only select a different Tax Code. When set to Manual, the user can enter a specific Tax Amount or Tax %. If set to manual, then Tax Codes are set to value - ‘OVERRIDE'.
The ability to edit item tax is controlled by the following security permission: POS > Change Item Tax Amount. This permission(allow, override, deny) is applied on selection of the Manual radio button for Tax Calculation.
Automatic Settings
| Field | Description |
|---|---|
| Tax Code | The tax code assigned to the item in Inventory. Within each Tax Area, you define a Tax Rate for individual Tax Codes. If you select a different Tax Code, the Tax % defined for that Tax Code in the current Tax Area will be applied. |
| Tax Code 2 | In Multi-Sales Tax environments, a second tax can be applied. If the current logged-in user's store is assigned to a Tax Area that has the Sales Tax -Multi tax method assigned, select the desired Tax Code 2. If you select a different Tax Code 2, the Tax % 2 defined for that tax code in the current Tax Area will be applied. |
Sample Item Details - Taxes tab set to Automatic:
Manual Settings
| Field | Description |
|---|---|
| Tax Type | Select Amount to enter the tax as a specific Amount or select Percentage to enter the tax as a Percentage of the item's Price. Depending on the selection, the Tax Amount or Tax % fields are enabled. |
| Tax Amount | The item's tax amount. If the Tax Type is set to Amount, enter the desired tax amount. |
| Tax 2 Amount | In a Sales Tax - Multi environment, the tax amount for the second sales tax. |
| Tax % | The tax rate defined for the item's tax code in the current store's assigned Tax Area. |
| Tax 2 % | In a Sales Tax - Multi environment, a second tax can be applied to items. If you enter a different Tax 2 %, the rate you enter will be applied instead of the Tax 2 % defined for the Tax Code in Tax Area preferences. |
Sample Item Details - Taxes tab set to Manual:
