Tax Below Maximum Field, Tax Detail Table
Specifies the percentage that will be used to calculate tax for all amounts or quantities below the maximum amount quantity in the Maximum Amount/Qty. field.
For example, you can enter 6.00 in this field, 400.00 in the Maximum Amount/Qty. field and 3.00 in the Tax Above Maximum field. If your transaction is for a value less than or equal to $400.00, the tax will be 6%. Otherwise, the tax will be 3%.
If you haven't entered an amount in the Maximum Amount/Qty. field, the value in this field will be used for all tax calculations to which this tax detail applies.
Tip
For more information on how to work with fields and columns, see Work with Data. For assistance in finding specific pages, see Search.
Parent Tables
| Table | Location |
|---|---|
| Tax Detail Table | General Ledger |
| Tax Detail Table | General Ledger |