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data driven dynamic system
any number of taxes may be set up
taxes are selectable for each part
service
and assembly
customers
and vendors
can be set taxable at each rate
tax calculations either on top or included in price
tax reports can be produced with a GL report
tax reports can also be generated for tax collected
and paid
each tax is printed on invoice only when there is a tax
non-additive tax calculations for multi-level taxes
tax on tax may be simulated by adding tax to tax
tax included calculations are done in the background
netprice calculations to record income and expenses
consolidated tax reports