When you use Domestic Tax, you can add tax codes to each of your properties that you can apply to spaces, amenities, and services at that property. This article discusses adding a domestic tax code. For more information about International Tax, see International Tax.
This article is part of the Kube property setup flow. For more information, see Kube setup checklist.
NOTES:
Depending on your assigned role and permissions, and the version of Kube your organization uses, some or all of these menus or services may not be available or displayed.
If you use International Tax, you add tax rates in the System Settings section. For more information, see Adding an international tax rate.
To add a domestic tax code to a property
Select Properties in the top menu.
Locate the property in the grid and click the property's name. The Property Spaces screen appears.
Select Setup in the side menu and select the Receivables tab.
Click the Add button.
Complete the fields. For field descriptions, see the New Tax Screen Reference at the end of this article.
Click Save.
TIP: The next step in the Kube property setup process is to set when the first month of a contract is charged. For more information, see Setting when the first month of a contract is charged.
New Tax Screen Reference
Tax Code | Tax code name that internal users see. Enter a maximum of eight characters.
CAUTION: Do not include special characters other than "-" and "_". |
Tax Rate | Percentage of the tax.
NOTE: You can include four decimal places. For example, you can add tax rates such as 7.5%, 10%, and 4.5538% |
Charge Code | Charge code the tax is linked to.
NOTE: Each tax code should have its own dedicated charge code linked to its own dedicated GL account. Kube comes with default charge codes. You can also add charge codes. For more information, see Setting default system GL accounts and charge codes, Default charge codes, and Adding a charge code. |
Write-Off Charge Code | Enter the charge code that Kube uses when you write off an invoice that includes this tax code. Kube uses the charge code listed here for the written-off tax amount.
NOTE: Each tax code should have its own write-off charge code linked to its own write-off GL account for that tax. For more information, see Adding a GL account and Adding a charge code. |
Note | Enter notes for internal use. |
Tax Exempt Companies | Select the companies that are exempt from paying this tax. For more information, see Making a company tax exempt (domestic tax). |