iClassPro allows for custom tax rates to be calculated for all charges and payments.
To edit or create new tax rates, follow these steps:
- Go to Settings > Setup > General Settings > Tax Rates.
- Click the Pencil icon next to Tax Rates.
- Click "Create New Tax Rate" or Double Click an existing tax rate to edit.
- Enter the name of the Tax Rate.
- Enter the Tax Rate. This field is a percentage, so typing in 8.25 will be equivalent to 8.25%.
- Finally, select the Locations where you would like the Tax Rate to be active.
- Save & Close to save your changes to the Tax Rate.