Change a Sales Tax Rate
To change the tax rate for an existing sales
tax:
- In the Home window,
on the Setup menu, select Settings.
- Open Company,
then open Sales Taxes and choose Tax
Codes.
- For each tax code
that uses a tax whose rate has changed:
- 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.
- Double-click
the text in the Code column.
- In the Tax
Code Details window, change the rate of the applicable tax, and then click
OK to close the window.
- If you cleared
the Description, review the new Description,
and edit as necessary.
- When you are done
editing all applicable tax codes, click OK
to save your changes.
Before you can perform this task