Transactions & Reporting > Purchases (Money Out) > Vendor Records > Change Tax Exempt Status For Purchases

Change Tax Exempt Status For Purchases

To record the taxes your vendor does not charge you:

Open the Taxes tab in the vendor record.
How?
1. In the Home window, click Vendors & Purchases on the navigation pane.
2. In the Tasks pane, right-click the Vendors icon and select Modify Vendor from the menu.
3. Select a vendor from the list and click OK.
4. Click the Taxes tab.
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.