This section will help you create New Tax identifier.
Menu Path: Business Administration >> Tax Set Up >> Create New
All the fields are mandatory.
- First of all, provide the Tax ID in the Taxa Identifier field and provide a short description on the Tax.
- Further, categorize the Tax under a Tax Type. Choose a Tax Type from the list of available Tax Types.
- Choose the from the list on what component the Tax gets calculated on
- Choose from the list to describe the impact of discounts.