SmartFusion Modules -> Tax Collection -> Parameters

Recent Change: 6.63 Tax year has been removed and Actual Tax Year added.
6.59 - Added

Summary

This screen is used to set up rate tables used in the setup for Commission Rates. A commission rate table must be unique based on the code and the tax year. Code and tax year are the criteria used to find a detail breakdown.

Fields

Code

Name of the rate table

Actual Tax Year

The actual tax year for this rate table.

Description

Description of the rate table

Non application collected amount

This is normally used for a year that was started and then converted into SmartFusion. This would be the amount that was collected in the other application.

Explanation

The grid is where the steps denoted by the value in the limit are setup. The commission rate table is set up in a step format so for the first 100,000 you may get 3% for the commission and for the rest you may only get 1% for the commission. All Ad Valorem entries must be tied to a commission rate table whether or not they actually pay a commission so there may be tables set up with a 0%. All rate tables need at least one level with a limit of 999999999.99.