Change Tax Exempt Status For Purchases
To record the taxes your vendor does not charge you:
- Open the Taxes tab in the vendor record.
- In the Tax Exempt column, click once to change the status.
- Click Save and Close.
Note: Tax-exempt status always takes precedence. Once you have set up your tax exempt status in your vendor record, Sage 50 Accounting does not calculate the taxes during a transaction, even if the vendor usually charges it on a bill.