Change or remove a sales tax authority code

You can change or remove a sales tax code at any time.

When you remove a sales tax code from existing sales orders , purchase orders , or quotations, the tax rate on those forms returns to zero percent. This is not true, however, for existing invoices.

To open the sales tax code

1. Open the Sales Tax (SLTAX) page.

2. Select Utilities > Company Setup > Finance > Sales Tax.

   Or

   Search for SLTAX or Sales Tax in the Navigation box and then select Sales Tax.

   Sales Tax (SLTAX) page appears.

3. On the Toolbar, click Browse.

   The Browse For Sales Tax window appears.

4. Highlight a row and click Select. Or, double-click the sales tax code.

   To add a new rate to the sales tax code

5. Open sales tax code.

6. On the Toolbar, click Copy.

7. In the Tax Rate (%) field, type the new rate percentage.

8. In the Effective Dates field, specify the date the new tax rate becomes effective.

   When you save the new record, the system will calculate an effective ‘To’ date for the original record. This date will be the day prior to the start date of the new tax rate. The system determines the tax rate to use on an AP/ARInvoice by matching the invoice tax point date to the effective sales tax date range.

9. On the Toolbar, click Save.

To make changes to the sales tax code

1. Open the sales tax code.
2. Make the necessary changes.
3. On the Toolbar, click Save.

To remove the sales tax code

1. Open the sales tax code.

2. On the Toolbar, click Delete.

   A message, Preparing to delete this information. Are you sure? is displayed.

3. Click OK to confirm.