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Check Your Tax Rates

As part of your setup, MoneyWorks will have created a tax table for you based on the VAT, GST or Sales Tax rates in your location. It is important that you check this—we do not supply tax rates for every location, and the rates in your location may have changed since your version of MoneyWorks was created.

To check your tax rates:

  1. Display the Tax table by choosing Tax Rates from the Show menu
  1. Double click a rate to modify it

For more information on tax tables, see Tax Codes

  1. Click the OK button to save any changes made and close the Tax Rate window

Tip:  If you have need to enter a lot of tax codes, they can be imported from a text file (see Importing Tax Rates).

Manually Entered Bank Balances Entering Outstanding Information