Rate override

Use a Rate Override chart if you have an agreement with a state or local authority to collect or pay a negotiated rate that differs from the published rate, and in cases where jurisdictions provide late notices for rate changes which the system's unable to implement prior to release. The system lets you enter and associate your negotiated rate or a late rate change with the affected tax area. By creating this chart, you can process balance data using the special rate.
note
Rate overrides entered because Sales and Use Tax Compliance wasn't able to implement a rate change due to a late notice should be deleted once the rate change is implemented into the system. If the rate override isn't deleted and the tax authority changes its rate in the future, the rate override will continue to be used in lieu of the new rate.