Rice Lake TransAct 2.0 - Manual (Page 89)

88 Accounting
The Local Rate table appears. Use this table to define system default rates
and individual category item rates.
If you want the rates calculated by the ton, figure the rate per pound by
dividing the rate per ton by 2,000.
Example: A land fill uses a default charge of $25.00 per ton. To figure the
rate per pound, divide 25 by 2,000 (25
÷
2000 = .0125).
Select which taxes to apply to this rate in the Taxes Applied box. To apply
a tax, click the box next to the desired tax. An X appears to designate the
taxes selected. Click the box again to undo the apply tax.
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.
9.4.2 Measured Rates for a Category Item
If individual category items receive a different Measured Rate, click the
Update Individual [Category] Codes button. The Rate table changes to
display the Code and Description of each category item.