Editing an existing Tax Code

To edit an existing tax code, the procedure is as follows:

1. Select Tax Code. Either, enter in the tax code, use the [up/down arrow keys], or click on the ? button to the right of the tax code for the Tax List and Select [F3].
2. Edit [F2].
3. Enter the new Tax Rate and the date it comes into effect.

Once you have saved the change (Save button or F9 key) you will see the current rate and the future rate displayed on the front details sheet.

The date entered onto the transaction is used to locate the appropriate tax rate, that is, it is not based on the day you are keying the Quote/Order/Invoice.