To add a new tax rate:
- Click Edit on the Tax screen.
- Click Add Tax Rate. The View and edit Tax Rates screen is displayed.
- 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).
- Click Save & Close when complete to add the tax rate to your Billdozer system.