The Severance Tax Exemption Maintenance screen allows for additional expenses to be set up that the state allows to be deducted. These are exemptions that are needed outside of the normal Severance Tax setup.

1. Enter the Marketing Cost Description.
2. For Type, choose:
   • Q = G/L Net Qty for the month.
   • G = G/L Net for Month (Deductions are determined by the distribution production date to identify what effective date to be used for the expense amount to be deducted.)
   • V = Volume times Rate.
   • D = Days in month times Rate.
   • F = Fixed Dollar Amount.
   • P = Apply Percentage.
3. Enter the G/L Account Range.
4. Enter the Amt/Rate/Pct.

List

Allows you to run a listing of all of the Severance Tax Exemptions currently setup.

Utilities

Import from Excel - This import will add sequences to the Severance Tax Exemption Maintenance if they do not exist or replace the sequence if it does exist.

• Required columns: LeaseNum and ProdCode.
• Optional Columns: SeqNo, Description, MrkCostType, GLAcctFrom, GLAcctThru, AmtRatePct.
• This import will validate an account range for the Q, G, or P types.