Deltek Ajera:
Setting Up and Applying Sales Tax - Video

Overview

Course Details

This video describes the processes involved in setting up Ajera to apply Sales Tax and how to review Sales Tax amounts on client invoices.

Duration: 7 minutes

Topics Covered
  • Reviewing how to set up Sales Tax in Company Preferences
  • Specifying which activities can have Sales Tax calculated
  • Applying Sales Tax to projects
  • Reviewing and charging Sales Tax to clients
Instructor
...

Damon Shratter
Deltek Ajera SME and
Principal Learning Content Specialist

Glossary

Activities The type of work or expense charged to a project. You can specify cost and billing rate by activity. Ajera separates all costing and revenue activities into these three categories:
  • Labor, which is related to time entry.
  • Consultants, which are separated from general expenses because in architecture and engineering (AE) firms, consultants are often managed separately from contract, budget, and billing perspectives.
  • Expenses, which include both expenses paid through vendor invoices and those expenses that have no out-of-pocket costs (in-house expenses)
Client Invoice An itemized bill for activity related to a specific project at your company. It contains specific transactions that together make up the final amount on the invoice. With Ajera, the client invoicing process begins when you set up a project. Ajera automatically creates a draft invoice for that project. As you enter billable time and expense transactions for the project into Ajera, they are automatically attached to the draft invoice.
Sales Tax A tax that businesses impose on customers when they purchase goods and services. The sales tax is then remitted to the state or local government within a prescribed period. When invoicing a client, the sales tax is typically added to the total amount of the invoice. The amount of sales tax depends on the state, city, and country your business has a physical presence in, and the tax is not recorded as a part of the revenue.

Resources

Click on the links below to download the files.

Guided Practice The Acumen Fuse Boot Camp Series Part 1: Quick Start - Guided Practice that contains the steps to the activities you can replicate on your own copy of Acumen Fuse or with the Deltek Learning Lab.
Acumen Fuse Boot Camp Series Sample File A zip file of sample projects used in this course that you can download and import into your own copy of Acumen Fuse for practice.