Create New Tax Code

Defines a specific tax rate that can be applied in a Tax Region. The tax rate is usually a percentage but can also be a fixed amount.

In your web console, navigate to the main menu item 'Settings', and then to the drop down menu item 'Tax Settings' - Sub Menu - 'Tax Codes'.

On this page you'll see a list currently available.

Navigate to "Create" in the title bar, and this will bring up a dialogue box for you to create your new tax code.

createtaxcode.png

1) Code

Enter an abbreviated code for your new tax region. This will be shown in your reports.

2) Name

 Enter a name for your new tax region. This will be shown on your reports.

3) Area

From the dropdown menu, choose the region to which your new tax code will be affiliated.

4) Percentage

Enter the percentage tax amount.

5) Start Date

Specify a start date for a new temporary tax code.

6) End Date

Specify an end date for a new temporary tax code.

7) Checkbox - Active

Enable this checkbox to allow your new tax code to be active and used.

 

Press Save.

 

 

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