Tax Rates Screen

Last Updated: Thu Apr 20 2023

Tax Rates are configured in Setup / Finance / Taxes / Tax Rates


Tax rates represent individual taxes (a sales tax, provincial tax, service/hardware specific tax, etc.). The tax rates you setup on this screen are added to tax codes in order to tax transactions. When a charge is applied to an account (e.g. when an account-service is billed) the system checks to see if a tax code is applicable to the charge (see the tax codes help for details on how tax codes are selected), at that point the tax rates configured on the selected tax code are applied to the transaction charge.


Note: you do not need to configure tax rates if you are using a third party tax integration (e.g. AvaTax). Charges passed to a third party solution will determine the appropriate tax rates to apply. Tax rates are only applicable when using the native LogiSense tax vendor to apply taxes.

  • General ledger codes need to be setup if you wish to assign GL codes to tax rates

Tax Rates Panel

The Tax Rates panel on the left of this screen allows you to select existing rates to view and edit on the Edit Tax Rate panel to the right. Actions are also available in this panel which are shown as icons above the Filter text box. The available actions are described below.




Deletes the tax rate if not in use

Adds a new tax rate

Edit Tax Rate Panel

The information in this panel reflects the currently selected tax rate. From here you can change rate details (fields will display a red left border if a value is required and purple text if the field is read-only and cannot be modified).

Tax Rate Fields:

  • Name: a unique name for the tax

  • Display Name: a friendly name that can be used on reports or invoices. E.g. the tax 'Name' for internal purposes could be set as 'Value Added Tax' and the display name set as 'VAT' for display on web-portals or invoices

  • Rate: the tax rate. E.g. 0.015 would be a 1.5% tax rate

  • GL Code: allows you to associate a general ledger code with the tax rate

  • Tax Category: tax categories that can be set via API and used to organize taxes that are presented on invoices


Adding Tax Rates

  1. Under the Tax Rates heading on the left click the (emoji) icon

  2. Under the Add Tax Rate heading on the right specify the tax rate details described above

  3. Click Save

Editing Tax Rates

  1. Under the Tax Rates heading on the left click the tax rate you wish to edit

  2. Under the Edit Tax Rates heading on the right modify the tax rate details described above

  3. Click Save when finished making changes

Deleting Tax Rates

  1. Under the Tax Rates heading on the left select the tax rate you wish to delete

  2. Under the same Tax Rates heading click the (emoji) icon

  3. On the confirmation dialog that appears select Yes