Tax Amt

The Tax Amt field on the AP Recurring Invoices form, items Info tab.

Defaults an amount based on the Tax Rate (defined for tax code in HQ Tax Codes) and the Tax Basis. May be overridden.

Note: Tax amounts posted to subcontract lines will not be included in the invoiced amount updated to SLIT (SL Items). Therefore, if you have set up a subcontract to include sales tax, it is suggested that you post invoices with the tax amount included as part of the gross amount (i.e. not posted separately here). If the subcontract is set up without tax and sales tax applies, then gross and sales tax amounts should be entered separately on the invoice line.