The Tax Management (TX) module stores system taxation settings and provides tax audit and tax reporting functionality. Taxation settings are used across the system to provide consistent collection of sales, use, and VAT taxes.
- Multiple tax types – VAT, GST, sales, use, withholding
- Tax categories for products
- Tax zones for location specific taxes
- Tax authority tracking and reporting
- Minimum and maximum tax amounts
- Tax rounding rules
- Multiple tax levels