UNIVERSITY OF VIRGINIA
          FINANCIAL AND ADMINISTRATIVE PROCEDURES MANUAL



TITLE:  COMPLETING SALES TAX WORKSHEET            PROCEDURE:  5-10

                                                                    
        
Policy Reference:              V.A.3.

Form:                          Dealer's Work Sheet for Computing
                               State and Local Retail Sales and Use
                               Tax

Obtain Blank Forms From:       General Accounting, Carruthers Hall,
                               924-4207

Forward Completed Forms To:    General Accounting, Carruthers Hall.
                               (Departments should retain a copy of
                               the worksheet and mail the original
                               to General Accounting.)
Purpose

To report taxable sales and to compute the State and local retail
sales and use tax due to the Commonwealth of Virginia.

Note: This form must be completed, signed, and SUBMITTED BY THE
TENTH DAY OF THE MONTH following the month covered by the
worksheet.

Instructions

The lettered/numbered items on the sample form should be completed
as follows.

 A.  Enter department name.

 B.  Enter Messenger Mail address.

 C.  Enter six-digit University account from which tax will be
     paid.

 D.  Enter month and year worksheet covers (mm/yy).

 1.  Enter gross cash sales for the period.  Enter the same amount
     in both columns.  Exclude sales tax collected.

     Note: Gross cash sales do not include transfers to other
     University departments.

 3.  Same as item 1.

                                                                   
 4.   Enter the amount of sales not subject to sales tax, i.e.,
     sales of required academic or course materials to enrolled
     University students, sales to other non-profit schools,
     colleges, or universities, or to customers presenting
     certificates of exemption.
         
 5.  Enter the difference between items 3 and 4.

 7.  Same as item 5.

 8.  Tax for item 7; 3 1/2% of the amount in the State column; 1%
     of the amount in the local column.

 15.  Departmental representative should verify the worksheet, then
     sign and date it.

NOTE:     Late charges incurred based upon a department's failure
          to meet the monthly fining deadline will be charged to
          that department.


                                                                   
ISSUED BY:                                                 11/30/93

Director of 
General Accounting             5.10.2