Tax Rates Setup

Make the following menu selections to display the page:

Setup—Property—Additional—Tax Rates

Use this page to link Tax Codes to Income Codes and assign Tax Rates.

Fields

ClosedFields

Income Code and Tax Rate are selected or entered by the user.

(Sales Tax description 1–4)

The read-only Sales Tax description. Refer to Effect of Policies on the Sales Tax Overview for help.

Income Code 1-4

The Income Code associated with the Sales Tax. Income codes, which are available for selection in the drop-down box, are established in Income Codes setup.

Tax Rate 1-4

The rate, in the form of a percentage, for the tax calculation. Tax rate is entered using the format 0.0000.

Procedures

ClosedTo Add a Tax Rate

  1. From the eSite menu, select Setup—Property—Additional—Tax Rates..
  2. Select an Income Code from the drop-down list for the Sales Tax you want to work with. Refer to Fields list for help.
  3. Enter a Tax Rate for the Income Code using the format 0.0000.
  4. Click Save.

ClosedTo Edit a Tax Rate

  1. From the eSite menu, select Setup—Property—Additional—Tax Rates..
  2. Make changes to Income Code or Tax Rate. Refer to the Fields list for help.
  3. Click Save.

NoteNote

To change the Sales Tax name, refer to Effect of Policies in the Sales Tax Overview topic.

See Also

Resident Sales Tax Overview

Prerequisite Property

Effect of Names Setup

 

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