1.4.3 Sales Taxes and Company Contact Information
Your Company Information is the basis of how
Tradepoint established relationships and automates actions as they happen in
Tradepoint. This is why something as simple as using the address wizard within
Company Settings for your information is important.
As for Sales Taxes this means that the main company
contact information in your Company Settings is how Tradepoint knows to charge
which Sales Taxes, for what Products in which locations.
For example a
Canadian Company selling products in the US through a website will only be
charging Canadian Sales taxes to customers whose contact information is within
Canada. Likewise, US based companies selling Products to Canada will only be
charging US sales taxes based on the location of the customers based on their
Exceptions to this particular example will exist if
the each of the companies has Divisions within the other country. So, if a US
based company had a Division within Canada they would have to charge and account
for all Canadian Sales Taxes and vice-versa.