How do I edit an existing tax rate?
To edit an existing tax, please follow the steps below:
- Click on the Gear icon found on the top right hand side corner of the screen and click on Taxes from the drop-down.
- In the Edit Tax screen, edit the desired fields such as Tax Name, Rate, Tax Agency and select if it is a compound tax.
- Click Save for the changes to take effect.
- If this tax has already been applied in some transactions, you will asked to confirm if you wish to update the new tax rate in those transactions as well.