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Tax Rate

mzgh
2007-07-25
2013-05-02
  • mzgh
    mzgh
    2007-07-25

    What Is the purpose of Valid From date. What if The valid From =2009/01/01 and the actual  date is 2007/07/25. Th incidence in the tax calculation.

     
    • Q Wang
      Q Wang
      2007-08-03

      My understanding is that if your actual transaction date is not within the valid from-to date range, the tax rate will not be used for calculation.  So, if you are using rate1 for May, and changed the rate to rate2 for June, the transactions created in June will be using the rate2 for calculation of foreign currencies.  Q