Vendor information can influence what kind of tax rate Global Tax Determination will assign to a transaction. For example, where your vendor ships their goods from or whether the vendor is a dropshipper are important factors when calculating tax.
Creating a vendor
- Log in to Global Tax Determination.
- Click Manage.
- Go to Vendor > Create/Edit Vendor.
- In Step 1, enter the Vendor Code and Vendor Name. This information will help Global Tax Determination identify your vendor.
- The vendor is set to Active by default. If the vendor is inactive, unselect this option.
Vendors can’t be deleted from Global Tax Determination for reference purposes, but they can be made inactive. An inactive vendor is invisible to GTD and will be treated like it doesn't exist. - In Step 2, if you have exemptions with this vendor, select the appropriate Entity/Use Code(s) and click the left arrow (>) to move them from Available Entity/Use to Selected Entity/Use. Read more about Entity/Use codes in this article.
- In Step 3, select the Third Party option if your vendor is a dropshipper and you receive goods from them on behalf of a third party.
- Click Save.
- Once the vendor data has been saved, the message Successfully created Vendor will appear and the vendor will be added to the side menu.