The Tax Screen is used to record different types of taxes including their description and rate. You can assign up to two tax types to each product. When the product or service is added to the order the tax amount in Tax 1 is added to the tax amount of Tax 2 and automatically added to the price of the item. Tax can be setup to be inclusive or exclusive of the retail price in the Company Information under the Settings Tab. When price is tax inclusive the tax is included in the total price of the item. When the tax is exclusive the tax amount separate from the product price. You can also override the tax for individual items in the order.
• To add a Tax:
1. Follow the menu item sequence … File | Setup | Tax.
2. In the Tax Screen click the Add Button located on the upper right part of the screen.
3. Enter the Tax type and rate.
4. If you would like to add another Tax Code go to step 2, otherwise click Save then Close from the menu toolbar.
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