It is recommended to setup this setting during implementation.
This section is to setup Flat Tax(es). Flat tax(es) are taxes that are applicable by occupancy and is posted automatically with the night audit posting. It is setup by amount and not by percentage. Flat tax can be exempted like the revenue tax.
Path: Management > Setup > Property > Taxes
1. If not already done,
create the Accounting Code for the new tax. For organization purpuses, tax codes are setup as "9" codes in the accounting codes list, but any other code can be used.
2. Add the tax code in the first empty line in the "Sales Tax Codes" section:
- select the tax accounting code,
- complete the tax rate that will be applied.The tax will be an amount and not a percentage.