Taxes can be added to Services or Inventory items on an individualized basis. Adding taxes is a two-step process, first creating the tax – then attaching to the Service or Item. Multiple taxes can be added (ex: State and Local tax split or in Canada – PST and GST)
STEP 1 – Create the Tax
- Name: tax name
- Order: order to display the tax on the transaction screen
- In Subtotal: if the tax needs to be calculated on top of the service or item subtotal and another tax, In Subtotal should be Y (Yes) – most instances this option is N (No)
- Rate Change: this button can be activated when you Add or Edit a tax to set the effective rate and date
- Rates for Sales Tax: shows the start and end date for the tax (a blank end date is acceptable) and the percentage for the tax - adding a new tax or changing the rate for an existing tax sets an End Date for the previous entry
- Select specific Service or Inventory Item
- Click EDIT on the navigation menu to activate the ADD TAX button
- Click ADD TAX and select desired Tax rates from drop down menu
STEP 2 – Add the Tax