Tariff Setup

Tariff Setup

ENABLE – Enables or Disables this extension. This setting is per company.

SCOPE

Changing the scope will change the options available to setup. The two options are:

  • Global
  • Detailed

GLOBAL – Uses the settings from the Global Scope Options section to calculate a tariff surcharge on every sales document. When using the global scope, individual tariff (or HTS) codes are not recorded nor used in the calculation of tariffs.

CALCULATE ON

  • % of Subtotal Excl. Tax: Tariff is calculated based on the document subtotal.
  • % of Line Item Cost: Tariff is calculated from the Unit Cost X Quantity of all sales items.
  • % Line Amount Excl Tax: Tariff is calculated from the Line Amount of all sales items.

DEFAULT TARIFF % – Enter the percentage used to calculate the default sales line tariff.

DETAILED – Uses the settings from the Detailed Scope Options section only to calculate a tariff surcharge on every sales document. Specific Tariff Codes can be setup and assigned to sales items using the Tariff Codes button, or searching for ‘WilloWare Tariff Codes’.

USE PRODUCTION BOM – For items with Production BOMs, the tariff calculation can explode through the multiple levels and add the tariff values for the Unit Cost X Quantity per assembly for every purchased part.

USE ASSEMBLY BOM – For items with Assembly BOMs, the tariff calculation can explode through the multiple levels and add the tariff values for the Unit Cost X Quantity per assembly for every purchased part.

TARIFF ITEM – When Tariffs are calculated for a sales document, this item will be added to the document with the tariff value. The item setup for use by the Tariff extension. It should be a generic representation of the charge (ie TARIFF):

  1. Must be set up as an Item Charge.
  2. Should be non-taxable.
  3. Should be assigned to a dedicated “Tariff” General Posting Group and set an APPLIED TARIFF REVENUE account as the Sales Account and AR account as the COGS Account. This will ensure that the revenue from the tariff will be recorded separately from the sales revenue.

ADD TARIFF AS

  • One Line Per Document: adds a single tariff line at the end of the sales order. The tariff amount will be the sum of all the calculated tariff amounts for each line. This is the only option for the Global Scope.
  • One Line per Item: adds a tariff line per line item on the sales order. The tariff amount will be calculated and displayed for each line separately.
  • Sales Lines per Item w/Detail: populates an additional level below the sales line tariff with the Tariff Code and Amount. The detail is added to the SOP Line Comments and will print as many tariff codes as needed below the Sales Line. This is particularly useful with Make Items where the assembly may contain numerous components with different tariffs. See Tariff Calculation for more explanation.

ROUND TARIFF TO

Choose how to round the tariff dollar amount. The default setting is two decimal places.