How to Setup Statutory for TAX?

For instructions on how to setup Statutory for HDMF, please follow the steps outlined below.

1. From the Statutory Setup Table, select Create.

   

2. Select Statutory, then select TAX from the dropdown list.

   

   3. Fill out the needed details.

   

   4. Once you have entered all the necessary information, select a Calculation Type from the dropdown list.

   

   4-a. Calculated- select Tax Rate from the dropdown list.

   

   4-b. - Fixed - set a Maximum Amount.

   

5. Once you have entered all the necessary information, click Save.