Tax Liability
Tax Liability is maintained in Kinetic and integrated into ARM, where it is used across the system.
The Tax Liability and the Product Tax Category combination determines the final taxes and rates for a transaction.
Permissions
You require a role with the Maintain Settings permission to access Tax Liability.
See Permissions in ARM.
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Select the Tax Liability menu item in the Administration Page. See Administration Page.
The Administration > Tax Liability page displays.
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Click on a Tax Liability Code to view the detail for the code.
This opens the Administration > Tax Liability > [Tax Liability Code] page.
A Tax Liability has the following:
| Company |
The Company that this Tax Liability applies to |
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| Tax Liability |
The Tax Liability code |
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| Description |
A description of the Tax Liability |
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| Tax Rates |
Any Tax Rates that have been assigned to the Tax Liability. Tax Rates form a collection of Tax Types that are listed here. Each of these includes:
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| Vendors can have a Tax Liability assigned. This will be the default Tax Liability used for an item, for example in a requisition. See Vendors. |