TRAVERSE Global v11.1
Tax Classes
Tax classes are types of goods or services that are taxed at a set rate. Set up tax classes before setting up tax locations and tax location groups.
Creating a Tax Class
- Click the New button, on the toolbar, to open a blank tax class record.
Note: The tax class number automatically assigns to the Tax Class field. - Enter a description of the new tax class in the Description field.
- Close the screen to save the new tax class.
Editing a Tax Class
- Determine a tax class code to edit.
- Edit the Description field as necessary.
- Close the screen to save any changes made to the tax class.
Deleting a Tax Class
- Select a tax class code to delete from the Tax Class field.
- Click the Delete button, on the toolbar, to delete the selected tax class.
- Click Yes at the "Are you sure you want to delete selected record(s)?" prompt.