Rate History - Field Descriptions

Use this table for reference when completing the fields on this screen.

Field

Description

Year Eff date

The year and date the selected tax rate becomes effective display. If an effective date falls prior to the first date in the history file, Spectrum will use the earliest rate revision. No entry is allowed. Spectrum determines which tax rates to use based on the Accounts Payable invoice dates.

Tax rate

The current tax rate displays.

Comments

Any comments associated with the selected tax rate display.