Tax Code
Enter the default tax code (from HQ Tax Codes) to use when entering
non-contract transactions referencing this customer. This tax code will be used to
determine the amount of tax to be calculated, as well as which GL account will be affected.
If you enter contract-related invoices for this customer, taxes will be calculated based on the tax code assigned to the associated contract item. If the contract item does not have a tax code specified, no taxes may be posted to the invoice item.
Note: If you did not check the Post Taxes on
Invoices or Post Taxes on Payments boxes in AR
Company Parameters, no taxes may be entered for any customer, regardless of whether or not
a tax code is specified here or for the associated contract in JC Contracts.
