Menu Path: Accounting > Maintenance > Configuration > Add Tax Config
Tax configuration can be executed when the company prefers to replace the existing Tax Code provided by the Royal Customs to a customized Tax Code. Note that, the customized Tax Code however needs to be linked to the Tax Code provided by the Royal Customs at the Standard Tax Code field.
- Key-in the compulsory fields
- Tax Code : key -in Capitalized Alphabets
- Tax Type : select/key-in a suitable type (cannot key-in if Tax Country is Malaysia)
- Tax Rate : key-in the percentage of tax (0% or 6% if Tax Country is Malaysia)
- Key-in the optional fields
- Tax Code Description : details/description of the tax code
- Tax Type Description: details/description of the tax type
- Standard Tax Code : any official (Royal Customs') tax code it is derived from / related to
- Major Industry Code : NOT USED
- Click "ADD NOW"
- Your new tax code will be added to the system and database, it will be ready for use after you Log Out and Log In again
Found 5 search result(s) for add.