Billing Item Entities
When creating a sales tax billing item type, specify the tax agencies, applicable amounts or rates, and the debit and credit accounts. You can also add optional details for reporting or classification.
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Select the sales tax entity you need, such as “Department of Revenue”. To modify the list of available entities, go to Settings and select Fields and tables. Next, search for the Sales Tax Entity table. For more details, see Manage Tables.
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Under Percent, enter the tax percentage rate.
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Under Credit account and Debit account, enter or search for the default accounts used for the distribution.
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If applicable, enter or search for any remaining optional values to assign additional details that may be specific to your organization.
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If you need to collect tax for multiple entities, enter the details in the additional rows.