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Sales Tax
by Zip Code |
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Sales tax
by zip code is a Prophet 21 function that has been developed to allow the
import of tax rates by zip into the Prophet 21 system. This function is a
baseline function and does not require any add on software. Sales tax rates
are provided by third party vendors. There are several vendors available.
Thus far Prophet 21 has assisted its customers with implementations using
Commerce Clearing House (CCH) and Zip2Tax. |
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NOTE: This process is for new implementations with no shipto's or
items imported. It is possible to use tax by zip code for existing databases.
However additional steps and tools are required. |
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By updating
the tax jurisdictions described above, the following benefits are achieved: |
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1.
Through a standard Prophet 21 import, all
jurisdiction rates can be periodically updated to assure accurate sales tax
rates for all jurisdictions in the united states. Tax would be charged for
only jurisdictions for which the client is registered to collect tax. |
2.
All new shipto’s will have jurisdictions
automatically correctly applied. The feature even updates shipto’s created on
the fly in order entry. Standard Prophet 21 functionality does not apply tax
jurisdictions to shipto’s created in order entry. |
3.
Sales tax reports are created for each state. The
function allows for efficient creation of sales tax returns. |
4.
Tax jurisdictions are applied during Ship to
import. Therefore clients can efficiently and accurately assign tax
jurisdictions to shipto’s without mapping conversions from legacy systems. |
Step # |
Description |
SQL Query |
Instructions |
1 |
Client Discussion of Sales Tax options |
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1 |
2 |
IPM or Professional Services Contract Signature |
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2 |
3 |
Discuss with client when future engagements may be
necessary |
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3 |
4 |
Client Enrolment in Third Party Tax Service |
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4 |
5 |
Turn on Functionality |
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5 |
6 |
Report Code Import |
6 |
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7 |
Import Tax Jurisdictions (Other) |
7 |
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8 |
Import Tax Jurisdictions (Zip2Tax) |
8 |
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9 |
Jurisdiction Report Code Assignment |
9 |
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10 |
Assign Tax Jurisdiction G/L Accounts |
10 |
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11 |
Set up Tax Group Header Records |
11 |
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12 |
Set up Tax Group Zip Codes |
12 |
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13 |
Tax Group Line – State Build |
13 |
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14 |
Tax Group Line – Other Build |
14 |
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15 |
Tax Group Line – City Build |
15 |
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16 |
Tax Group Line – County Build |
16 |
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17 |
Look for Missing Tax Line
Assignments |
17 |
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18 |
Set Tax Group Records for Taxable States |
18 |
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19 |
Set Tax Group Records for Non Taxable States |
19 |
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20 |
Item Tax – All Taxable |
20 |
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21 |
Item Tax – Not Taxable |
21 |
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22 |
Item Tax Adjustment – By State |
22 |
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23 |
Update Tax Groups on Ship to’s |
23 |
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24 |
Review tax_hdr_zip for groups
overlapping potential No-Tax Ship_to Tax Groups |
24 |
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25 |
Create Tax_Group_hdr's for No
Tax Tax Groups |
25 |
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26 |
Create Tax Group Zip Rangers for
No Tax Groups |
26 |
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27 |
Create No Tax Tax Group Lines |
27 |
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ERP >>> AC >>> Processes >>> Sales Tax by Zip Code
Updated: April 2, 2020 |
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