Adding Tax Classes

You must define tax classes for sales and purchases for each tax authority in your Sage 300 system. You can define up to 10 tax classes for each of the following:

  • Customers
  • Sales items
  • Vendors
  • Purchase items

Before adding tax classes, you must add tax authorities.

To add or edit tax classes:

  1. Open Common Services > Tax Services > Tax Classes.
  2. Select a Tax Authority code, Transaction Type, and Class Type.
  3. In the Description field, enter a name for the first class.

    Note: Your first class should be your standard taxable class.

  4. Press Tab or Enter to add each remaining class.
  5. Click Add or Save.
  6. Repeat the same steps for the other class type for the table. For example, if you entered customer classes in the sales tax table, now enter item classes. If you do not do this, you cannot enter rates in the table.
  • To print a list of the tax classes you have added or edited, click Print on the File menu. For more information, see Tax Classes Report.
  • Enter tax rates.