Change Request - Schedule of Values - Line Item - Tax Code and Tax

Updated 2 weeks ago by Customer Service

Suggested Prior Reading

Change Request - Schedule of Values - Add Line Item

OR

Change Request - Schedule of Values - Edit Line Item (before Save)

OR

Change Request - Schedule of Values - Edit Line Item (after Save)

Tax Code

This help applies to Taxes that are setup in a global list of Tax Codes and percentages and are manually selected to apply to the line item during the add or edit of a line item.

The Tax columns on the Schedule of Values Line Items displays only when Tax Codes have been setup by the System Administrator (see Settings - Tax Codes for more information).

There are also other types of taxes that can be applied, see Job Costing - Sales Tax for more information.

There are two columns associated with Taxes on the Schedule of Values Line Items:

• Tax Code - the Tax code and rate to apply. This is set by the Project Manager.
• Tax - the tax amount. This is automatically calculated by the system.

The Tax amount is calculated based on the Revenue plus any Financial Markups.

If these Line Items are created on a new or existing Contract Change Order, the Tax Code is copied over to that Line Item (and is based on the Revenue that is copied over to the Cost plus any existing Financial Markups).

If these Line Items are created on a new or existing Commitments or Commitment Change Orders the Tax Code is copied over to that Line Item (and is based on the Cost that is copied over to the Amount plus any existing Financial Markups).

Note* How columns display for the Line Items on the Schedule of Values depends on various factors, see Change Request - Schedule of Values – Layout and Navigation. As well, to see all the columns, it may be required to scroll right and left.

To Apply a Tax

During the Add or Edit of the Schedule of Values:

1. Click in the Tax Code on the row of the line item.

A drop down list displays, showing all the Tax Codes setup. There is also an N/A column. This is selected if no global Tax Codes are to be applied.

1. Click on the Tax Code and Rate to apply.

The Tax Amount is automatically calculated and displays in the Tax column. This is the tax amount for that line item.

In the Financial Summary, there is also a Tax total. This is the total of all tax for all line items entered.

Continue to maintain the Schedule of Values

The Schedule of Values can continue to be maintained in this session or it can be saved and the session ended (see below).

1. To add a Line Item, see Schedule of Values - Add Line Item.
2. To change a Line Item that was entered during this session and has not yet been saved, see Schedule of Values - Edit Line Item (before Save).
3. To change a Line Item that was entered and saved in a previous session, see Schedule of Values - Edit Line Items (after Save).
4. To bulk Import Line Items, see Schedule of Values - Import.
5. To perform Bulk Actions, see Change Request - Schedule of Values - Bulk Actions.
6. Delete a Line Item, see Schedule of Values - Delete Line Item.

Save the Schedule of Values (and end this session)

1. Enter other Line Item Information, see More Information below.
   OR
   Click the Save button (at the bottom of the form) to save the Change Request.
   Click here for more information on the Save function.

   This saves the Change Request including any information on the General, Schedule of Values and Financial Markups Components.
   This list the function was invoked from displays. See Next Steps below.
   OR
   Click the Save & Email button (at the bottom of the form) to save the Change Request and email it.
   Click here for more information on the Save and Email function.

   This saves the Change Request as including any information on the General, Schedule of Values and Financial Markup components and sends an email with a link to the Change Request in JobPlanner (and optionally include the Change Request as a PDF attachment in the email). The Email can be sent to any Project Contacts. The Email Change Request form displays, see Email Change Request.
   OR
   Click the Close button (at the bottom of the form) to close the form without saving the Change Request.
   Click here for more information on the Close function.

   If no information was changed or entered, the list the add or edit function was invoked from displays, see Next Steps below.
   
   If information was changed, then an additional prompt displays indicating there were changes and additional prompts on what to do.
   
   
   
   Click the Cancel button to cancel the Close action and return to the Change Request View/Edit form (see the steps above)
   OR
   Click the Don't Save button to cancel changes to the Change Request. The list the add or edit function was invoked from displays, see Next Steps below.
   OR
   Click the Save button to save the Change Request including any information on the General, Schedule of Values or Financial Markups components. The list the add or edit function was invoked from displays, see Next Steps below.

Next Steps

Enter or review other Schedule of Values, Line Item information:

• Subtotal - see Change Request - Schedule of Values - Line Item - Subtotal.

View, add or edit General Change Request information, see Change Request - Add - General OR Change Request - Edit - General.

Review all Financial Markups, see Change Request - Financial Markups - Overview.

If this is an existing Change Request (that was previously added and saved and is not Void or Rejected), review and manage RFQs, see RFQs - Overview.

Next Steps

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Related Articles

• Contract Change Order - Schedule of Values - New Line Item
• Contract Change Order - Schedule of Values - Select Change Requests
• Schedule of Values - Line Item - Tax