To set up default tax type categories and shipping methods for your inventory items, select the Taxing/Shipping tab in the Inventory Item Defaults window.
Item Tax Type
An item can be taxed or it might be exempt. For example, staple items such as bread and milk are often not taxed. Many states categorize taxable and nontaxable items. You can use item tax types to identify these unique categories. This information will print out on the Taxable/Exempt Sales report.
You can make up to 25 entries in this box.
Use this window to enter the different reasons for exemptions provided by your state.
- Field: The number here identifies the tax type. This number is used by Sage 50 and is for display only.
- Description: Enter a tax type description (for example, taxable, exempt, or food). You can enter only one taxable description.
- Tax: Select this check box if the item is taxable.
Ship Methods
You can use this to enter different ship methods for items (up to 10 fields). You can enter up to 20 alphanumeric characters (for example, Federal Express, UPS, and US Postal Service). Your entries here will appear in the Ship Via field on the Purchase Orders, Purchases, Sales/Invoicing, Quotes, and Sales Orders windows. These are used to set up defaults for both customers and vendors.