Tax Usage in CMiC

In regards to AP and invoices being processed in CMiC, we do not utilize the tax lines because those lines are only available as a drop down selection, they aren’t available as free form entry. Therefore the tax team (or AP) would have to maintain the selection list. These rates are constantly changing. And with over 10,000 district rates in the US, we do not feel confident that we could accurately and consistently stay on top of those changes, and thus resulting in erroneous calculations in the system. Add to this that the taxes need to be addressed at each project level based on job types, owner, vendor, location, etc. It is too hard to standardize. This constant and manual maintenance would negatively outweigh any benefits it would provide us. Therefore we opted out of using it at CMiC inception.

The above information was provided by Paula Mortenson when asked why we do not add tax information into the SOV area of a Commitment/Subcontract.