Tax Changes : Novus - Concord : 4N0460038 Follow

The steps to follow for changing tax rates are different depending on whether you are changing a county rate or a city rate.

 

To change a county rate (or State).

  1. Log into Parent branch.
  2. Go to Company>Tax Maintenance
  3. Select the County tax in question and open it (edit tax code)
  4. Update the rate in the field labeled Tax Rate.

To change a city rate. Instead of changing the rate percentage, you will change the assignment of the rate.

  1. Log into Parent branch.
  2. Go to Company>Tax Maintenance
  3. Select from one of these rates that are labeled by their percentage. Find the rate that the city is set to prior to the change. For instance if the rate is going to change from .25 to .50, then select 0025. Open the rate (edit) Leave the rate alone

  4. and click the Tax Venus tab
  5. Scroll down and find the name of the city and uncheck the box. Because what you are doing is removing the .25 rate from that city.
  6. Now, in the Tax Code Finder (Company>Tax Maintenance) find the rate you will now be applying to the city.
  7. Open/edit the rate.
  8. Click the Tax Venus tab.
  9. Scroll down and find the city in the list and check the box to apply this rate to the city.

The reason we had to set the City rates up this way, by rate instead of by city, is because it would have meant 600+ tax rate profiles in the system.

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