Sales > Managing Sales Tax > Step 1: Setup tax codes
Step 1: Setup tax codes
To create an account
1
Go to the Accounts command center and click Accounts List. The Accounts List window appears.
2
Click New. The Edit Accounts window appears.
3
Select the Detail Account option.
4
Select the Liability type from the Account Type list. The Account Classification field changes according to the selection you make. For more information on account classifications, see ‘Account classifications and types’.
5
Enter a four-digit number for the account in the Account Number field. The number must be unique within each account classification. Be sure to keep the accounts in numerical order.
6
Press Tab and type a name for the account.
7
Click the Details tab.
9
Click OK when you have finished. The account you created now appears in your accounts list.
To group detail accounts with a header account
1
Go to the Accounts command center and click Accounts List. The Accounts List window appears.
2
Click New. The Edit Accounts window appears.
3
5
Click OK. The Accounts List window reappears.
7
Click Down to group the account with the header located above it.
Summary of tax types
To create a tax code
1
Go to the Lists menu and choose Tax Codes. A list of tax codes appears.
2
Click New. The Tax Code Information window appears.
3
In the Tax Code field, type a code (up to 5 characters) for the new tax and press Tab.
If the Tax Type is Sales Tax, select the linked account for tax collected. If the Tax Type is Import Duty, select the linked account for accrued duty. Select a card that you want to link to this tax code, if applicable.
5
Click OK when you have finished. The new tax code you created will now appear in your tax codes list.
To change the details of a tax code
1
Open the tax code you want to edit in the Tax Code Information window.
To delete a tax code
1
2
Go to the Edit menu and choose Delete Tax Code.

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