Taxes that needs to be applied to an item can be set from Tax Settings page. A maximum of five taxes can be applied to an item. The name of the taxes and the value can be changed for each item while adding it to category.
Note: Taxes value can only be changed while creating/editing quotes
To set the tax:
In the left Navigational Column, click the Products tab and then click Tax Settings.
In the Tax Settings page, under the Taxes section, set the name and value of taxes.
Note:A maximum of 5 taxes can be applied to an item.
Click Save to save the tax settings changes.
The taxes name and value is set.
Click Save & Apply to save and apply the tax values.
Click the Reset to reset the tax values.
Note: The taxes can be applied while adding items in categories.
Note: The Save option just saves the changes made to the tax values that can be later applied to new items, whereas the Save & Apply option saves and applies the changed tax values to the existing items.
For more information on adding items in categories, refer to Adding Items in Categories
Important: Taxes can be enabled and disabled from a quote template.The Tax check box in the quote template page cannot be unchecked (disabled) after the template is being used by a quote which has taxes applied to it. Also, if a tax is disabled in a quote template, you will be unable to change the tax value in a quote.