SedonaOffice supports tax limits for items with capped tax amounts:
- Setting Tax Limits
- For install items with tax limits, specify the maximum tax amount.
- This is common for large-value items in some jurisdictions.
- Tax Limit Calculation
- As work progresses, the system tracks the cumulative tax charged.
- When the tax limit is reached, no additional tax is charged.
- The Continuation Sheet form reflects the correct tax amount.