Enable Tax Auditing and Enter Default Settings

You turn on the Tax Auditing feature and enter default settings for it in Accounting Company Settings.

To turn on Tax Auditing and enter default tax information, complete the following steps:

1. From the Vision Navigation menu, click Configuration > Accounting > Company Settings.
2. On the Accounting Company Settings form, click the Tax Auditing tab.
3. Select the Enable Tax Auditing Feature check box, and click Save.
4. Complete the remaining fields on this tab. However, before you can select default tax codes on this tab, you must enter input tax codes in Tax Codes Configuration. And you cannot enter the input tax codes in Tax Codes Configuration until you select the Enable Tax Auditing Feature check box on this tab. The next steps in these instructions direct you to Tax Codes Configuration to set up input tax codes.
5. Close the Accounting Company Settings form, and from the Vision Navigation menu, click Configuration > Accounting > Taxes.
6. On the Tax Codes tab, enter and save new tax codes to use for input taxes. For the tax code to display in the drop-down list in the Default Tax Codes grid on the Tax Auditing tab in Accounting Company Configuration, you must make the following entries for the tax code on the Tax Codes tab:
   • Select Active in the Status field.
   • In the Inputs section:
     • Select the Transaction Entry check box, the Employee Expenses check box, or both.
     • In the Account field, enter the general ledger account for the input tax (typically a debit account). If the input account is missing, you will not be able to post transactions.
7. Return to the Tax Auditing tab in Configuration > Accounting > Company Settings.
8. In the Default Tax Codes grid, enter default tax codes.
9. When you finish click Save.