Sage 300 – Tax Services


Tax Services

Tax Services manages all taxes incurred by your company’s sale or purchase of goods and services. The program maintains tax tables, calculates taxes, and retains tax audit information. It centralizes tax information on sales and purchases for all Sage 300 accounting programs.

If you are required to report tax information, such as a Value Added Tax and UK “Make Tax Digital” (MTD), you must use Tax Services.

Tax Tracking Report

The Tax Tracking report lists the following information:

  • Source currency code.
  • Customer currency code.
  • Tax reporting currency code.
  • Tax authority code.
  • For each transaction, the customer or vendor number and name, transaction date, transaction source code (originating program and transaction type), transaction number, invoice amount, tax base, and tax amount.
  • Customer totals as of the selected date, or for the specified range of fiscal year/periods (in customer/vendor, functional, or tax reporting currency).
  • Authority totals as of the selected date or for the specified range of fiscal year/periods (in customer/vendor, functional, or tax reporting currency).
  • For each tax authority, a summary of totals as of the selected date, or for the specified range of fiscal year/periods.