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Title:gptip42day - Clarifying 'Shipping Method' in Sales Tax Calculations

When calculating sales tax on either sales transactions or purchase transactions, GP relies on the Shipping Method to determine the sales tax rate applied to the transaction.  Key to determining the tax rate used is the Shipping Type selected in Shipping Methods Setup. 

Tools>Setup>Company>Shipping Methods

* click image to enlarge

Note the Shipping Type.  If Delivery is selected as the Shipping Type, then the tax rate used is that of the destination.  If Pickup is selected as the Shipping Type, then the rate used is that of the shipping point.  The logic behind this is based on the UCC (Uniform Commercial Code) which says that the point at which legal title to goods transfers, is the point at which taxation is determined.  So, if the goods are shipped to your customer, they pay sales tax based on their local rates.  If your customer picks up the goods at your facility, they pay sales tax based on your local rates.  The same applies for purchases you make.

There's a lot more detail behind how GP matches the Shipping Method and Tax Schedules in the Customer or Vendor card with the Tax Schedule in the Item card.  Hopefully though, this provides some clarification as to why it's so important, from a sales tax perspective, to make sure the correct Shipping Methods and Tax Schedules are setup in your Customer and Vendor cards.

Category:GP USER INFO: Taxes
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Date Added:June 17, 2010 05:08:33 AM
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