Summary
Updating sales tax rates and/or status in Sage 50 Accounting.
Resolution
- Go to View and click Close All Other Sage 50 Windows.
- Log in as the sysadmin in Single-User mode.
- Go to Setup, Settings, Company, Sales Taxes, then Tax Codes.
- Click and update the Description line as needed.
- Click the magnifying glass next to the tax code in question to open the Tax Code Details window.
- To set the status, click the magnifying glass beside Status.
- Select Taxable, Non-Taxable, or Exempt.
- Press OK.
- To change the rate, click the Rate column and update the number.
- Click OK to exit the Tax Code Details window.
- Repeat the steps to update each tax code that includes the changed tax.
- Click OK to exit the Settings window and save changes.