Rice Lake TransAct 5.0 - Installation & Operation Manual - Manual (Page 55)

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Tax Codes
The Tax Code screen allows you to build tax codes using taxing authorities. A tax code is
assigned to a ticket and is used to calculate the sales tax on the ticket.
How to Get Here
Accounting-->Taxes-->Tax Codes
Field Descriptions
Code
A 10 character alphanumeric field containing the tax code.
Description
A 30 character alphanumeric field describing the tax code.
Available Authorities
A list of all defined taxing authorities. The list shows the tax authority Id, description and
the tax rate. Select a tax authority by clicking on a line in the list.