Set Up Tax Codes

There is no limit to the number of tax codes that you can define for your enterprise. You can add tax codes or modify existing tax code information at any time.

To set up tax codes:

  1. On the Navigation menu, click Settings > Accounting > Taxes.
  2. On the toolbar of the Tax Codes form, click New and perform one of the following actions:
    • To add a new code, click New Tax Code.

    • To add a new code based on the code currently displayed, click Copy Current Tax Code.

    • To add a new code that is similar to an existing code, click Select Tax Code to Copy.

  3. In the Code field, enter the code by which the tax is identified.
  4. Complete the fields on this form.
  5. Click Save.

To print a Tax Codes List, click Print.