Often, sales taxes consist of a state/provincial tax and a separate federal tax. How these are applied to products, or if they are applied, can vary based on a number of different factors, such as the type of product being sold, if the customer is purchasing in wholesale or retail, or the location of the customer. To manage all these factors, you can create tax profiles, which will dictate which taxes are applied to a sale and which products they apply to. For example, if wholesale items are exempt from state/provincial tax, you might make a Wholesale tax profile which only applies the federal tax, and a Retail tax profile that applies both taxes.
To create a new tax profile in FlexiBake:
Steps to Create a Tax Profile
Step 1
Navigate to the Menu Bar, then select the Administration drop-down and click Maintain Sales Tax Profiles.
Step 2
In the pop-up window, click the Tax Profile… button in the top left corner.
Step 3
A second window will open. Select the New button to begin creating a profile.
Step 4
Enter a Code and Description for your tax profile. Click OK in both windows to save the record and return to the previous screen.
Step 5
At the bottom of the screen, assign individual taxes to your Tax Profile by clicking the drop-down next to the Tax… button. Click Add to link the selected tax, then click OK to save.
