The Tax Codes window in HandiLedger allows you to create and edit tax codes that are specific to the selected entity. These customised tax codes are known as local tax codes.
Add and edit tax codes
Log in to HandiLedger.
From the View menu, click Entity Specific Tax Codes.
The upper section in the Tax Codes window lists the local tax codes for the selected entity. The lower section lists the master tax codes for all entities.
You can add, edit and delete the local tax codes in the upper section.
Add a new tax code
Log in to HandiLedger.
From the View menu, click Entity Specific Tax Codes.
Click New.
Enter the new tax code information and click OK to add it to the local tax code list.
Note: Tax codes supplied by HandiSoft cannot be edited or deleted.
Edit an existing tax code
Log in to HandiLedger.
From the View menu, click Entity Specific Tax Codes.
In the upper pane, highlight the local tax code to be edited and click Edit.
Edit the tax code information as required.
Click OK to commit the changes.
Tip: For detailed information on the windows, press F1 to display the online help.
Master tax codes
In addition to maintaining entity-specific tax codes, you are also able to view, add and edit the master tax codes that apply to all the entities. For example, if you need to add a new tax code for all entities, you can do so in the Master Tax Codes window.
Manage Master tax codes
Log in to HandiLedger.
Press F9 or, from the View menu, click Chart of Accounts.
Click Tools, then click Edit master tax codes.
Use the buttons on the "Master Tax Codes" window to add, view, edit or delete highlighted tax codes.