Zero Rate Tax Detail

A zero rate tax detail is a Microsoft Dynamics GP tax detail where the Percentage is equal to 0.0000%.

Such tax details are traditionally used by DynamicZip for tracking & reporting sales into tax free jurisdictions, sales of exempt items/freight/misc., and sales to exempt customers.

• If a transaction is posted without any tax details, then DynamicZip Tax Reports are left without sure method for sorting the transaction into the state where the sale was made.
• If the transaction is posted with a zero rate tax detail for California, then no tax is calculated, and the tax reports can see the sale went to California.

Glossary
Statewide Schedules
Taxable ID
Exempt ID