When creating a Reimbursement Report in Float, you can apply a multi-part tax code to any expense.
How to select a multi-part tax code
- Navigate to "Request Spend" to create a Reimbursement Report
- Select a Tax Code for your expense
If the selected tax code has multiple tax components, a field component will appear for each required rate. These amounts will be automatically filled based on which Source is selected for the Tax Amount:
Invoice: The tax amount will be pulled by the OCR from the uploaded invoice document
Tax Code: The tax amount will be calculated based on the selected Tax Code and the tax rate of each component
Override: The tax amount will be calculated based on the manually inputted tax amount for each component
If needed, you can manually edit the component fields. When editing a component field, the total Tax Amount will update automatically.