Purpose:

On this page you can enter information  and create a New Sales Tax.

Explanation: 

Sales Tax is a tax imposed by governments as a percent of the retail price of goods and services and collected by the seller.

Actions:

Enter New Sales Tax: Enter information for a New Sales Tax and click "Save". 

• Name: (required) Enter Sales Tax name.
• Rate: (required) Enter tax rate as a percentage.
• Default Account: Select the default account from the drop down menu.
• Description: Enter an optional description of the tax.
• Create New Sales Tax: Click "Save" to save the Sales Tax information and create the New Sales Tax.
• Cancel: Click "Cancel" to exit without saving

Additional Resources: