Sales Tax – The code for this tax that can now be added as the default to customers for invoices and AR and to vendors for purchase orders and AP.
Description – Description of the tax.
Short Name – Name that shows on sales orders, purchase orders, AR and AP.
Rate – The percentage rate to charge for this tax.
Use Partial Tax Rate – Set if this tax can be charged partially for some items.
Partial Rate – The percentage to charge if set to a partial rate.
GL Account – The GL account to post this tax to.
Communication – Add any number of notes related to this tax.
User Defined – User defined fields can be added to track and/or print. (Spire UDF license required)