To add a new tax rate:

1. Click Edit on the Tax screen.
2. Click Add Tax Rate. The View and edit Tax Rates screen is displayed.
3. Complete the fields, namely Description, Tax percentage, Accounting package code (typically a 2-digit code), Currency (choose from the drop-down list), and Default tax rate (check the check box if you want the tax rate to be the default tax rate).
4. Click Save & Close when complete to add the tax rate to your Billdozer system.