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Sales Tax Question

jasongodoy
in Calculation Engine (Define Fields)

Featured Replies

Hello everyone, is there any way when Sales Tax rates change to prevent the change from affecting older records? Say 1 year, the Sales Tax for a state is 5%, then one year later, the rate jumps to 6%, how would I keep the old invoice from changing 1 year later if the sales tax was calculated on the field level? Is there a better way to set this up?

Thanks in advance,

J

Keep the sales tax in a preference table. Then use a lookup to set it in the invoice record when the invoice is created.

  • Author

Thanks RalphL, just what I needed!

Much appreciation!

J

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