Finance lists

The money lists your documents choose from: tax rates, currencies, payment modes and expense categories.

Where

System › Setup › Tax rates

Who

Anyone allowed to see settings; changing a list needs the right to edit them.

Choose the tab: Tax rates, Currencies, Payment modes or Expense categories.

Add an entry with the tab’s own button, for example + New tax rate. For a tax rate give its Name and Rate, and the accounts it posts to.

Read the table. A tax rate shows its Rate, its Tax category, the dates it Applies from and Applies until, whether it is Active, and where sales tax and input tax post.

When a tax rate changes by law, do not edit the old one: replace it from a date. The old rate keeps its figure on earlier documents, and the new one is offered from that day.

An entry taken out of use is archived: it leaves every picker, stays on the documents that already use it, and can be brought back.