Settings > Settings Window - Company > Settings Window - Company > Sales Taxes > Add, Modify, or Remove a Tax Code
Add, Modify, or Remove a Tax Code
Select a task:
To add a new tax code
- In the Home window, on the Setup menu, choose Settings.
- Open Company, then open Sales Taxes and choose Tax Codes.
- In the Code column, enter a one- to two-letter code on a new line and click Search next to the new code.
- For each tax you want to add to the new code:
- In the Tax column, click Search and select a tax from the list.
- In the Status column, click Search and select a status from the list.
- In the Rate column, type the tax rate as a percentage.
- If a tax is included in the price or is refundable, click the Include in Price or Is Refundable column to turn each setting on.
- To close the Tax Code Details window, click OK.
- To change the default tax code description that appears in your forms, click the Description column and type a new description.
- If you want to limit the use of a tax code to vendors or customers, click Search in the Use In column and select either Purchases or Revenues from the list.
- To close the Settings window, click OK.
To modify an existing tax code
- In the Home window, on the Setup menu, choose Settings.
- Open Company, then open Sales Taxes and choose Tax Codes.
- To change the tax code description that appears in your forms, click the Description column and type a new description.
- To change which transactions use this tax code, click Search in the Use In column and select All journals, Purchases, or Revenues from the list.
- To close the Settings window, click OK.
To remove an existing tax code
- In the Home window, on the Setup menu, choose Settings.
- Open Company, then open Sales Taxes and choose Tax Codes.
- In the Code column, click the tax code you want to remove and press the Delete key.
- To close the Settings window, click OK.