Change a Sales Tax Rate

To change the tax rate for an existing sales tax:

1. In the Home window, on the Setup menu, select Settings.
2. Open Company, then open Sales Taxes and choose Tax Codes.
3. For each tax code that uses a tax whose rate has changed:
1. If you use the sales tax descriptions that were automatically created by Sage 50 Accounting, click in the Description column to select the text, then Backspace to delete the text.
2. Double-click the text in the Code column.
3. In the Tax Code Details window, change the rate of the applicable tax, and then click OK to close the window.
4. If you cleared the Description, review the new Description, and edit as necessary.
4. When you are done editing all applicable tax codes, click OK to save your changes.