Sales Tax Setup

This screen is where your POS taxes are set (state, local, etc).

One or more taxes (“Tax Authorities”) are assigned to a master Tax Code, as seen in the top table.

Your business may need more than one tax code if, for instance, you have a store/restaurant in another state.

pos sales tax codes setup


STEP 1:
Make sure you know all your applicable taxes: names (“authorities”) and percentages (“rates”).

STEP 2:
Create a new Tax Code ID: In the Create New field, type in POS TAX (or whatever name you see fit), a longer description (if necessary) and press the Enter key on your keyboard.

STEP 3:
The Tax Code ID will need to be populated with at least one Tax Authority. To create a new Tax Authority:

• Enter its ID in the Create New field. This is usually a short name, such as CA for California State Tax, CITY for City Tax, etc.
• Enter a more descriptive name in the Authorities Name field, such as California State Tax, etc, if necessary.
• Enter the Rate of the Tax, which is a percentage number.
• Enter the General Ledger (“GL“) Account that the tax is linked to in your accounting system.

STEP 4:
Repeat the process as many times as necessary if your area has more than one applicable tax.

STEP 5:
Press the Save & Close button once you are finished.