5 discounts & accounts flags (plus only), 5 discounts and account flags (plus only) – Rice Lake TransAct 2.0 User Manual
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Accounting
Setting Measured Rates for a Category Item
Enter the appropriate rate for each item that has a rate different from the
default rate. Place an X (click inside) in the Taxable box to apply the taxes.
Note: Taxes applied are the same as those selected in the default rate
window. In this example, County and State taxes will be applied to
Outgoing Demolition material.
Note: Measured Rates defined for individual
category items greater than zero override the default rate.
Click Save to store all the changes to the table.
Note: The system warns you
if you try to continue without clicking Save.
Click Undo to cancel any changes.
9.4.3
Rate Table 2 and 3
If you use multiple rates, set up Rate 2 and Rate 3. Use the same procedures
as listed for Rate 1 (see Section 9.4.1) to set Rates 2 and 3.
9.5
Discounts and Account Flags (Plus Only)
Use Discounts and Account Flags to setup discounts and finance charges for
individual customer accounts. TransAct applies finance charges when
generating statements. Use Discounts and Account Flags for marking
accounts as revoked, not billed , cash only, and tax exempt.
Select Accounting…
Discounts to access the Customer Account Table.