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10.3.1. Tax Class

To create a new tax class, select the NEW button. The following screen will appear:

Create new Tax Class

When creating a new tax class, you are presented with the following options:

Code

Enter a code to identify the tax class.

Description

Enter a description to describe the tax class.

Group Sequence

Select or enter a group sequence for this tax class. The group sequence is used for calculating cumulative taxes.