Rate History

Use this window to review upcoming sales tax rates. Whenever the Accounts Receivable invoice date changes, Spectrum examines the rate file to determine if the current invoice date equals or exceeds the next tax rate's effective date. If so, the next tax rate becomes the current rate.

Field

Description

Year / Eff. date

The year and date the selected tax rate becomes effective display. Spectrum determines which tax rates to use based on the Accounts Receivable processing dates.

Tax rate

The tax rate displays.

Comments

Any comments associated with the selected tax rate display.