Creating a Tax Code

Use the following procedure to create tax codes.

This task is a step in Administering Tax Codes.

To create a tax code

1. Navigate to the Tax Service Admin screen, then the Tax List view.

2. In the Taxes list, create a new record, and complete the fields.

   Some of the fields are described in the following table.

   Note: You can enter data in either the Amount or Percent field, but not both.

   Field	Comments
   Name	The name of the tax.
   Percent	The tax defined as a percentage. The amount of tax charged is the percent value multiplied by the price for the line item.
   Amount	Tax defined as a flat fee. The flat fee is a preset amount.
   Start Date	The date the tax becomes active.
   End Date	The date the tax becomes inactive.
   Currency	The currency of the tax. Default value is the default currency of the application.
   City	City in which the tax applies. A tax might apply in many different cities depending on the associated properties.
   State	State in which the tax applies. This field is automatically populated when the City field is completed.