Table of Contents

Tax Detail Type

Tax Detail Type specifies whether the Tax Detail will apply to sales or to purchases.

Sales

Calculates and tracks tax information for modules within the Sales series. This tax type typically is used for taxes on the sale of taxable goods or services.

Purchases

Calculates and tracks tax information for modules within the Purchasing series. For example, you'd use purchases taxes when your business purchases goods for your own use rather than resale.


Glossary