Invoicing
Changing Tax %
11-8-16
Hello,

From this year, there is a different sales tax % in my state. How do I change it in the system, so it would calculate a correct tax, when invoicing?
This answer was correct
Created by15:12 21 Mar 2013
Hello,

To maintain the correct reporting for the past transactions, we recommend to set up a new tax code, instead of simply changing the tax rate of the currently used Tax Code.

To create new Tax Code with the appropriate % rate, please go to module General Ledger (Nominal Ledger in the UK version)>> Settings>> Tax Codes (VAT Codes) and create enter a new code, filling the relevant columns on all Flip (A to F). Please use the currently set up Tax Codes as examples.

Kind regards,

HansaWorld Support Team
This answer was correct
3-21-13
Hello,

To maintain the correct reporting for the past transactions, we recommend to set up a new tax code, instead of simply changing the tax rate of the currently used Tax Code.

To create new Tax Code with the appropriate % rate, please go to module General Ledger (Nominal Ledger in the UK version)>> Settings>> Tax Codes (VAT Codes) and create enter a new code, filling the relevant columns on all Flip (A to F). Please use the currently set up Tax Codes as examples.

Kind regards,

HansaWorld Support Team
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