Setting up Tax Rates and Deleting Tax Rates

Set up a Tax Rate

Select File > Maintenance > Client/Supplier > Tax Rates.
In the Tax Rates window, in the blank row at the top, enter the tax rate as a percentage.
Enter a Description of the tax rate you are setting up.
Enter a Short Description of the tax rate you are setting up.
In the Prnt cell, enter a description of the tax rate that will appear on the bill when it is printed.
In the BK No. cell, enter edit the Bookkeeping tax reference for the tax rate.
The ID No. is generated by the system.
Select the Exclude check box to exclude this tax rate from the Exceptions report that is generated when an accounting period is closed.
The ID No. is generated by the system.
If required, enter another tax rate by following steps 2 to 7.
To edit any of the above fields, modify the text directly.
When you have finished, click OK to save the changes and close the Tax Rates window.

Delete a Tax Rate

Select File > Maintenance > Client/Supplier > Tax Rate.
In the Tax Rates window, select the Tax Rate you want to delete by clicking the blue margin cell next to it.
The row appears highlighted.
Press the [Delete] key and then click Yes when prompted to confirm the delete action.
The tax rate is deleted.
If you have finished making changes, click OK to save and close the Tax Rates window.