Tax Rates can be found in the the Administration module > Settings > Management tab > Tax Rates tab where you will be presented with your current tax rates. These can be managed and changed to suit your needs.
Adding a New Tax Rate
Navigate to the Tax Rate management tab and click Add Tax rate.
A pop-up box will appear with the following options:
Field | Description |
Type |
|
Code | The short name will appear in the list shown to buyers. |
Name | A descriptive name. |
Account Code | Customers using order integration will receive this account code with the associated tax amount. |
Rate | The tax rate percentage. |
Selecting a Tax Rate at Checkout
At the checkout stage of processing a requisition, the default tax rates for the product and the shipping will display. To change the tax rate, select the appropriate tax code from the relevant drop-down box. Ensure you have the correct tax rate for both the product and the shipping.