Sales Tax Setup

Use Sales Tax Setup in the Tax submodule in the Settings module to manage the details of your tax configurations.

Each tax configuration includes records for the tax rates, tax rules, and tax exceptions that are used to calculate and report on the tax.

For example, for US Sales Tax, define a tax for each state, county, and city.

Important: To access the Sales Tax Setup submodule, the tax method of your Company should be either USA Sales Tax or Canadian Sales Tax.

You can validate the VAT/Sales Tax setup in Settings > Company Settings > Basic Company Settings > Open Company Card > Company Settings > Basic Settings.

Sales Tax Setup provides the following:

• City Tax Setup: Create and define tax configurations of cities within a specific county
• County Tax Setup: Create and define tax configurations of counties within a specific state
• Special Tax Setup: Create and define special tax configurations for cities/counties within a specific state

Sales Tax Setup also gives you access to the Finance side panel, where you can add, edit, and delete tax rates; define exceptions; or preview tax calculations. The Finance side panel provides the following menus:

• Tax Rate
• Exceptions
• Preview – Tax Calculation for Sales / Expenses

To use Sales Tax Set-Up, you must have access to Settings as defined in User Access Rights under Settings.

You set up sales tax in Settings > Tax > Sales Tax Setup.