Expense Tax Codes Admin Screen

When your organization was configured, we created default tax codes that are sent with tax amounts to your organization's ERP. The Expense Tax Codes admin screen allows customers who map entity types to tax codes for VAT configuration in Chrome River EXPENSE to change tax codes and add rate changes associated with your tax types.

Click ADMIN SETTINGS > RATES & LOCATIONS > EXPENSE TAX CODES.

Edit a Tax Code

1. Select the approriate country in the drop-down in the upper left, then click the pencil button on the tax code you would like to change.

2. Edit the tax code as desired, then click SAVE.

Add a Rate Change

If your organziation requires a new code for your ERP due to a tax rate change, you may enter the new tax code and its effective date while retaining the existing code. For example, if the tax rate will change on January 1, you may create a new tax code tied to that date while keeping the old tax code for expenses from the previous year that have not yet been submitted.

1. Select the approriate country in the drop-down in the upper left, then click the pencil button on the tax code you would like to change.

2. Enter the date of the rate change in the Rate Change Date 1 field. Enter the corresponding tax code in the Tax Code Date 1 field. 

You may enter up to two rate changes and tax codes by using the Rate Change Date 2 and Tax Code Date 2 fields—for example, if the rate is temporary and must be changed back later in the year.

3. Click SAVE.