[OPEN-ILS-DEV] acquisitions + sales tax

[Carri L. Oviatt]

Bill,

Generally we don't, as a public library, have to deal with sales tax.  There are situations which require it though.  Our main concern is that the tax be applied to the item level.  In our current system the total tax is added on the invoice and pro-rated by the system to each line item.  As far as foreign currency goes, we assume that the system will automatically calculate the amount according to the parameters that we set.

Good luck

Carri

>>> Bill Erickson <erickson at esilibrary.com> 4/29/2009 9:32 AM >>>
Taking a poll...

How do people generally deal with sales tax in an acquisitions scenario?
How would you like it to function?

Is it generally configured ahead of time (say, tax rates on a per-vendor
level) or entered manually at PO creation time?  At what granularity do
different tax rates need to be configured?  At the Vendor level, PO level,
line item level, etc.?

Is there anything special to consider when applying sales tax for a items
purchased from a vendor using a different currency?  Is the assumption that
a tax rate is entered and the system will calculate the amount in the local
currency (much like price)?

TIA for the input.

-b

-- 
Bill Erickson
| VP, Software Development & Integration
| Equinox Software, Inc. / The Evergreen Experts
| phone: 877-OPEN-ILS (673-6457)
| email: erickson at esilibrary.com 
| web: http://esilibrary.com