Acme can handle many taxing situations. The core rule is that for sales tax to be charged, the item and the customer must both be TAXABLE.
During Ticket Entry you can easily toggle the sales tax off (or back on) for any item. For instance, in some states an item bought for personal use is taxable and that same item bought for re-sale not.
In such a state the customer should be set up as taxable, the items should be set up as taxable, and when the item IS actually purchased for resale the tax can be removed during Ticket Entry. Acme also gives you options to record the reason for the tax exempt sale as well as the customers tax exempt certificate number and expiration date.
-If certain items are never taxed they can of course be setup as non-taxable.
-If a particular customer is never taxed, they can be set up as Tax Exempt.
If you have a host accounting system integrated with Acme you can import Sales Tax setup information from that system.
Use Tax. Acme does not have ability to calculate sales tax based on COST, but we can easily handle Use Tax on items you purchase for resale and end up using. See Store Use and Write Offs
Sales Tax Caps. Acme can control the maximum amount of sales tax that will be collected on a single transaction. This can be done at the ticket, tax local, or tax class level.
Keep in mind that setting caps at the class level is not the same as setting it at the locality level. If you set two class caps at $30 each then the ticket can accumulate up to $60 total in taxes, $30 each class. But if you set the locality to $30, then the ticket can only accumulate $30 regardless of tax classes.
If the tax cap is at the locale level and the total taxes exceed the cap and multiple tax classes are involved, then the taxes are apportioned to each tax class based on the class's total taxes before the cap. Any left over difference due to rounding is applied to the class with the most taxes.
Single or Multi-Rate Tax
Use Single Rate Tax if both of the following are true:
1.All your items (if taxed) are taxed at the same rate.
2.You do not deliver into different tax locations.
Use Multi-Rate Tax if any of the following are true:
1.You use a Central Acme and have stores in more than one tax location.
2.You deliver goods into more than tax location.
3.You have certain items at different tax rates than others, for example candy and liquor.
Single Rate Sales Tax Checklist
Multi-Rate Sales Tax Checklist
Designate Customers as Tax Exempt on >Maintenance >Customer > General Tab
Designate Items as Taxable Y/N on >Maintenance >Inventory Maintenance > General Tab
