Release Notes

Default Sales Tax Rate

Release:

Version 03.07.10.00.01, December 8, 2007

Feature:

Default Sales Tax Rate

Issue #:

51436

Change:

The client is now able to select how the default sales tax rate is defined through the purchase orders configuration screen (SA/FM/FM/Purchase Orders). Valid options are None, Last Used, and District.

Reason:

To accurately encumber a requisition or purchase order, a district must be able to estimate the sales tax accurately. Failure to do so could result in insufficient funds, and therefore, the client risks being unable to pay obligations. A single system-wide default tax rate was insufficient for larger school districts that have buildings in different tax districts.

Menu:

FM\VM (Vendor Master)

FM\PU\RQ (Requisition)

FM\PU\PO (Purchase Order)