Tax Codes are used by Tax Formulas to define how Inventory Items are to be taxed. They define the items to which a Tax Formula's tax rate applies. A Tax Code may be defined by a single character (i.e. T=Taxable) or up to 4 characters (i.e. FOOD=All Food Items).
Setting up Tax Codes:
- Select Tax from the Configuration Manager Tables menu.
- Select Codes (Inventory) to display the Tax Codes (Inventory) screen showing the list of Tax Codes currently available.
- On the Tax Codes (Inventory) screen, press [Ins] to create a new Tax Code (press [F3] or [Enter] to edit an existing Tax Code's Name, or press [Del] to delete a Tax Code).
- On the Tax Code screen, enter 1 to 4 characters in the Code field to define the Tax Code. It is recommended to use A-Z and 1-9 numbering for codes. If no more A-Z / 1-9 code combinations are available, press [Ins] in the Code field to display the list of available ASCII characters. A Tax Code may be designated by any character as long as it is not already being used.
- Enter a descriptive name for the Tax Code in the Name field.
See:
Applying Tax Codes to Inventory Items
Tax Tables - General Information
Configuration Manager Contents