We recently converted via acquisition from a non-profit to a for-profit hospital. We now have to pay sales tax on many of our purchases; however we are having problems figuring out how to set up our system so that when we do the MA540 matching process, we have the sales tax included on the items as part of the matching process. Can anyone provide some guidance on what we need to do? I suspect we may need to 'bite the bullet' and configure every item from every vendor as taxable or non taxable, all the way through the item master file, but I'm not an accountant and don't know if another simpler way is possible. Can anyone suggest how to proceed with this?
