Magaya Software Accounting Manual

SALES TAXES
STEPS: ADD A SALES TAX ITEM
3) Click on the Add button. A dialog box opens:
• Enter a code for the tax item. It can be any combination of letters and/or
numbers.
• Enter a description of the tax item, for example “Miami Dade County
Sales Tax” or “Colombian Tax”.
• Select the tax authority from the dropdown. This is where the taxes will be
collected. If you need to add it, click on the plus sign. The tax authority is
considered a “Vendor” so the vendor dialog box opens.
• Enter the percent for the tax such as 15%. (Enter the number only, not the
percent symbol.)
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