It is recommended to setup this setting during implementation.
This section is to setup Room Revenue Tax. Revenue Tax is posted to every revenue code setup with "Revenue Tax". The revenue tax can be exempted.
Path: Management > Property Settings > 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 "Revenue Tax Codes" section:
- select the tax accounting code,
- complete the tax rate that will be applied,
- select if tax will be posted separately (or not) on the folio.
All the taxes setup in this section will be applied independantly to the revenue code posted. Each tax can be exempted independantly.
3. Click the green floppy disk at the top right to save the setting.