Tax Codes

Here you will enter your sales tax codes, there can be one or many. Setting the tax code to default will apply the tax code to all products and services.

P4 Books ITBMS

Tax codes are managed at two levels, at the product and at the client. Depending on the product type and the client as to how the tax codes are applied.

If you are in a country like Panama that has sales tax retention you will set this up on the Customer Screen.