Tax Exempt Types
A sales transaction can be subject to tax exemption based on:
- Type of Customer
- Type of Item Being Sold
Sometimes, a business may directly be entitled to tax exemptions, thus making them eligible to lower tax rates or even no tax at all. It is, therefore, convenient to create exemption types in MixERP beforehand.
Fields
Tax Exempt Type Id
This is an auto-generated and read-only field.
Tax Exempt Type Code
Provide a unique code for the tax exempt type.
Tax Exempt Type Name
Provide a name for the tax exempt type.