Setup Sales Tax (Cloud)

Setup Sales Tax (Cloud)

It is recommended to setup this setting during implementation.
This segment is designed for configuring Sales Tax. Sales taxes are applied to each revenue code configured with "Sales Tax." Sales tax cannot be exempted; if it is not applicable, the code must be updated as non-taxable.
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 "Sales Tax Codes" section:
- select the tax accounting code,
- complete the tax rate that will be applied.
Contrary of the Revenue Tax, only one sales tax code can be applied to an accounting code.

3. Click the green floppy disk at the top right to save the setting.


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