Creating Tax Nexuses
Published on
September 27, 2023 at 1:05:57 AM PDT September 27, 2023 at 1:05:57 AM PDTth, September 27, 2023 at 1:05:57 AM PDT
You can set tax preferences for each nexus in which you collect and pay taxes.
To create a tax nexus:
Go toSetup > Accounting > Taxes > Nexuses > New.
In theCountryfield, select the country for which you are creating a nexus.
If this nexus is in the U.S. or Canada, select the state, province, or county in theState/Province/Countyfield. Leave this field blank for nexuses outside of the U.S. and Canada.
If the default list does not include a state, province, or county that you have a nexus with, you can create a new one atSetup > Company > Setup Tasks > States/Provinces/Counties.
In theDescriptionfield, enter a name for this nexus as it should appear on the Set Up Taxes page.
For multiple nexuses in the U.S. or Canada, you can include the name of the tax jurisdiction. On the Set Up Taxes page, this name appears on theTaxsubtab of the country nexus tab.
ClickSave.