Tax code reference logic for subcontract invoice items
Cost Plus subcontracts
Tax codes are applied in the following order of precedence:
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Tax code specified on the data entry table or form
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Default tax code in the vendor profile in Contact Management
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Default AP Tax Code in the Job Cost Code list
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Default Tax Code in the Job Cost Code list
Fixed Lump Sum subcontracts
Follows the same tax code logic as the original subcontract and SCO items.
Unit Price subcontracts
Follows the same tax code logic as the original unit price and SCO items.
Billed retainage (holdbacks) for all subcontract types
Tax codes are applied in the following order:
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Default AP Tax Code in the Job Cost Code list
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Default Tax Code in the Job Cost Code list