Benefit
Setting up a tax assignment will enable taxes to be automatically applied to relevant invoices, eliminating the need for manual tax assignment.
Steps
Navigate to the Logo menu up at the top left and navigate to > Accounting Objects > Tax Assignment
From the Tax Assignment List select "Add New"
First, you will set up the Region for the tax assignment.
1. Click on the Drill where it says "Region", then the green plus sign to add the new assignment
2. Select either City/Town or State/Province.
3. Select "Save"
Next you will set up the Tax Item
1. Select the Drill where it says "Tax Item", then the green plus sign to add the new item.
2. You will need to enter the Tax Name, Tax Code, Description, Value Type and Tax Value
3. Select "Save"
Finally, you will:
1. Select which line items this tax will apply to.
2. Select whether or not to update all current unprocessed invoices with the tax value.
3. "Save Assignment"
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