Rice Lake TransAct 2.0 - Manual (Page 86)

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Accounting
application. The examples in this manual use Local Rate and State
Rate as the Rate 1 and Rate 2 names. Only fields containing text
appear on subsequent forms (i.e. if you use only two rates, delete
Rate 3 from the Rate 3 Name box to eliminate that field from
subsequent forms).
Note: If you are no longer using an existing rate table, simply
remove the Rate Name from the table. You do not have to clear the
table before continuing. Removing the name from the table prevents
TransAct from using the table. See the example window on the next
page.
Tax Setup
Replace the Tax 1–3 Names with the tax names associated with
your particular application. The examples in this manual use
County and State as the Tax Names. Only fields containing text
appear in subsequent forms (i.e. if you use only two taxes, delete
Tax 3 from the Tax 3 Name box to eliminate that field from
subsequent forms). See the sample window below.
Enter taxes as a percentage value. TransAct converts percentages
into a decimal value for calculation.
Click Save to store all the changes to the table. Note: The system warns you
if you try to continue without clicking Save.
Click Undo to cancel any changes.