Washington Comp Tax | Comp Tax Training Guide Topics |

Washington school districts are required to calculate and pay tax for goods on which no sales tax has been charged by the vendor. Compensating tax, or comp tax, is the total of these taxes due to state and local authorities. The state Department of Revenue serves as a collection entity and distributes the funds collected to the appropriate levels of taxing authority. Compensating tax includes at least the Washington state sales tax.

Comp Tax Setup	Pay Comp Tax

Tax Districts Tax Type Codes Tax Rates Sites Comp Tax Vendor Setup (System Admin)	Pay Comp Tax
Comp Tax Reporting	Related Invoice Information

Comp Tax Status Report Comp Tax Generated Invoice Report Comp Tax Reporting Totals Comp Tax Exception Report (appended to one of the above three reports) Page Updated 4/07	Accounts Payable Invoices View Comp Tax Invoices (view existing comp tax invoices) Comp Tax on Invoices (Display comp tax due on an invoice)

Top