Chris;
I now have what I think is complete information about this tax and it
looks much simpler that I thought.
a) The tax is paid monthly but the rate at which you pay is based on
the total of your invoices per year including the last month.
b) There are several rate tables based on your type of business with
cut off points according to the total invoice level. These rate table
are loosely related to the type of goods and services the company
sells. So for example if the company sells more goods than services, it
must choose one rate table over another. It probably has to go to the
tax office and fill in forms to do this. It should not switch rate
tables every month. I was not able to find out when such a change would
be desireable or mandatory.
So for example, if I am a service company I would be in a rate table
where I pay 4.5% up to R$ 130,000, 6.54% up to R$ 240.000,
etc. If I invoiced R$ 80,000 from January to May and in
June I was lucky and invoiced R$ 70,000, my yearly total is R$ 150,000.
This means that for June I have to pay 6.54% based on R$ 70,000 = R$
4,578.
If I invoice only about R$ 10,000 in the next 6 months I would still
need to pay 6.54% every month (on the R$ 10,000). Looks like a system
that punishes you if you happen to have high
invoices at the beginning of the year because you would be at a higher
rate for the rest of the year.
>From the Ldger-SMB perspective it looks like this would really be a
transaction because you have to wait until the end of the month to
figure out how much to pay. Since it is not important to know the tax
per item or invoice I think that Ledger-SMB does not need to do
anything different at the moment..
The only place where I think something could be done, but it is not
important for this case, is if you have a recurring transaction to
process the tax payment, to get the right rate chosen. So this would
mean that taxes would have to have variable rates and some sort of rule
to pick the correct rate, which looks like a major undertaking.
Miguel
Chris Travers escreveu:
On 7/9/07, Miguel Koren O Brien de Lacy <..hidden..> wrote:
Chris;
Give me a few days to investigate fully how the "simples" works. Yes, there is at
least another tax that usually is included in the price for parts and yet another for
services, also usually included in the price.
If al taxes are included in the price there is no reason why a custom
tax module couldn't do what you want.
Best Wishes,
Chris Travers
Miguel
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Konsultex Informatica (http://www.konsultex.com.br)
---------- Original Message -----------
From: "Chris Travers" <..hidden..>
To: ..hidden..
Sent: Mon, 9 Jul 2007 15:13:42 -0700
Subject: Re: [Ledger-smb-users] Cumulative Tax feature
On 7/9/07, Miguel Koren O Brien de Lacy <..hidden..> wrote:
Thanks Chris.
It could be handled as a single entry in the GL but of course it would be more
comfortable per invoice, automatically. The price normally includes this tax.
I am still not quite clear on a acouple of things:
1) How exactly does this tax work?
Is it 4.5% on the first $20,000 and then 5% on the next $30,000? Or
is it 5% on all your sales if above $20000? Obviously this is
important to understand before discussing a solution.
Also, are there other taxes that are not included in the price?
Best Wishes,
Chris Traavers
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