Tax Detail By Entity - REV282

This report prints tax components by entity as determined from the Revenue Tax Master file. The gross sales ledger items contain the tax "We Remit" amounts for non-exempt division order owners and the exempt percent. These amounts and percents print on the report in the appropriate columns. If it is determined from the Revenue Tax Master that a tax component needs to be printed and these amounts are not on the gross sales ledger, they are calculated. This calculation is the Gross times the Division Order Receiving Interest times the "We Remit" percent from the Purchaser Property file.

You can print this report after all gross sales have been processed through the Gross Sales Calculation process. For more information, refer to the Revenue Gross Sales Calculation (REV178) program. Various options exist for selecting required transactions. Use this report to determine amounts that must be remitted to tax entities. You can enter these amounts in Accounts Payable by vendor.