Creating Tax Codes

You can set up tax codes for agents, for carriers, or receiving agents. Each tax code can be specific to specific taxable components. Tax Code records are maintained in Master Data > Tax Calculation.

1. Navigate to the Tax Calculation screen. You can do this by clicking Master Data > Tax Calculation.
2. Click Add (Ins).
3. Complete the mandatory fields.
   1. Enter the four-character alphanumeric Tax Code.
   2. In the Tax Name field, enter the complete name of the tax calculation. The Tax Name can also be a short description.
   3. Define the effectivity period of the tax. Use the Effective Date field to set the begin date of the effectivity of the tax calculation. Use the Termination Date to define the end date. The dates are in DDMMMYY format.
   4. Use the Applicable On drop-down menu to select if the tax calculation applies on the AWB level or Invoice level.
   5. Enter the Account Number to which the value of the tax computed will be posted.
   6. Enter the Origin Country, Origin Station, Origin/Zone, Dest. Country, Dest Station, or Dest/Zone to which the tax calculation is applicable.
   7. Use the Currency field, to define the currency of the minimum and maximum tax amount. If the currency code defined here does not match the issuing currency for AWB level taxes and invoice currency, the minimum and maximum amounts are converted and compared with the issuing currency.
   8. Use the Tax Liability drop-down menu to select if the Agent, Carrier, or Recv Agent will shoulder the tax.
4. Important: You can select at least one of the available tax components in the system. Do note that each Taxable Component is added on top of other selected Taxable Components. Ensure that no Taxable Components overlap or are repeated.
   Select the applicable Taxable Component.
5. You can use the other available fields to further refine the record.
6. Click OK.