Add custom tax codes at the client level
Follow these steps to add custom tax codes for the currently selected client.
- SelectSetup, thenTax Codes.
- Select the client, then selectAdd.
- Select the tax code from the dropdown.
- Enter up to 2 alphanumeric characters in theSubcodefield, and enter a description in theDescriptionfield for the new tax code.
- SelectEnterto save the new tax code for the client.
note
- You can't change the predefined Standard, Puerto Rico, or M-3 tax codes that are already set up in the application, but you can create custom tax codes for these items at both the client and global levels.
- The list of tax codes includes all UltraTax CS codes including M-3 codes and user-defined custom tax codes.
- Tax codes 88888 (Memo code - Include on reports) and 99999 (Memo code - Exclude from reports) are also included in the list of tax codes. These tax codes don't integrate with other tax applications. (Note: Tax code units should not be assigned to tax codes 88888 or 99999.)
- You can't delete a custom tax code if it's assigned to an account or some other entity.
- SelectDeleteor press Alt+L to delete a custom code. The application prompts you if the item can't be deleted.
- When adding custom tax codes on-the-fly, the tax codes must be formatted as follows:xxx-xx. The first 3 characters must be a valid, existing tax code and the final 2 characters can be any alphanumeric characters (for example, 213-01 or 213-IN).
- You can also add custom tax codes for a selected client from theChart of Accountspage.
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