Learn how to change or update your sales tax code(s) in Kashoo when a jurisdiction (Federal, State, Provincial or Municipal) changes their tax rate.
Changing your Sales Tax Codes
To change your sales tax settings go to the
To change your tax, click on it.
For example, the GST rate changed from 6% to 5%. To change it we add a new
Abbreviation, change the
Rate and enter the new rate's
Effective Date. Then make sure to enter in the
Previous Abbreviation and
Previous Rate. Of course, after you make the changes, click the
By entering the
Effective Date, any new transactions created before it will use the previous rate while transactions on or after that date will use the new one.
Need more help with tax settings?
For additional tax settings advice, please view our Setting Up Taxes - Advanced article.