Setting Up Tax-Exempt Profiles

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Setting Up Tax-Exempt Profiles

 

Overview

In order to setup tax-exempt customers, a tax-exempt profile must be in place. The profile is then assigned to the customer in the Customers screen.

 

Instructions

From the StockTrac® main menu, go into the Configuration module. Click Shop –> Customer Tax Profiles. The following screen will display:

 

KB1000 A

 

Click the New button. The following screen will display:

KB1000 B

 

Enter the following information:

Profile Name/Exempt Reason Enter the classification of customers (i.e., Church or School).
Description This column will list the Sales Tax that has been defined (see Configuration à Shop à Sales Tax.)
Parts Rate This column shows the sales tax rate for parts.
Exempt? Click this box to have parts be exempt from sales tax for customers with this Tax Profile.
Labor Rate This is the sales tax rate for labor.
Exempt? Click this box to have labor exempt from sales tax for customers with this tax profile.
Tax Applies? Uncheck this field if the tax listed (“State” in this example) is not applicable to this tax profile.

 

When you are finished, click OK twice to exit.

 

RELATED TOPICS:

How To Set Up a Tax-Exempt Customer

 

 

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