Tariff Codes

Tariffs are fees paid to the Customs division of the government when importing goods you then sell. Therefore, they apply to the purchasing and receiving processes. The Setup Wizard's Tariff Code command allows you to enable tariff code use, then load tariffs. Additionally, for the feature to work you must assign tariff codes to inventory, set up the receiving report to show tariffs and the purchase order to sub-total tariff duty charges.

Access

To enable and load tariffs, select Setup Tools> Setup Wizard> Taxes> Tariff Codes. The Tariff Codes window shown in Figure 1 appears.

Figure 1: The Tariff Codes window

To enable Tariff code use

Check the Use tariff codes on inventory check box. Clear the check box to disable the function. When complete, click [Close] to accept your settings and close the Setup Wizard.

To load Tariffs

Click the [Tariff Maintenance] button to open the Enter Tariff Codes window shown in Figure 2.

Figure 2: The Enter Tariff Codes window

You can type information directly into the Tariff Name and Rate (in percentage) cells. The Date determines the date the Tariff code is effective and the cell fills automatically as current day in the format of mm/dd/yyyy but is editable.

Alternately, you can click [Import Codes] to import them from a csv type file with code,rate information format. This opens a standard Windows Open dialog where you can navigate to and open the appropriate csv file to populate the Tax Code grid. Again the date auto fills.

To assign a specific code to an inventory item

On the Inventory Details window - Extra tab enter the applicable code in the Tariff Code text box or double-click in the text box to open Select a Tariff Code dialog box and select from the list of tariff codes.

To see the tariff codes on a receiving report

In the Receiving Report Designer on the Items tab you can select to print the following:

• Tariff - Tariff code
• T. Rate - Tariff Rate as of the date of the receiving purchase order
• T. Duty - Individual duty on each item
• EX T. Duty - Extended duty for each line

In the Receiving Report Designer on the Info tab you can select to print the following:

Items-Totals group-> Tariff Duty - Total of all duty on report

Note: If you are settings tariff codes from a purchase order or Receiving report, you must exit the purchase order and reload it as the rates are loaded when the purchase order is loaded.

To sub-total duty on a receiving report

On the Purchase Order Designer - Options tab, check Sub total tariff duty charges check box. The report now shows the total number of items received under that tariff, the sub-total of the cost, and the sub total of the tariff.

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