Taxable Item Types

Create the appropriate taxable item codes to best fit your needs.  Click on the New button to create a new tax type or highlight one of the listed types and click the Properties tab to edit the tax type.

 

Enter a Tax ID and a description of the tax type.  Check the Default box if appropriate.

 

Within the IC | Inventory File, each item is assigned a tax status from the tax table if it is taxable.