Create a Tax Class Revision

A new revision of a tax class creates a new copy of a selected tax class. The operation does not create a new pricing file in the pricing plan.

About this task

A new revision creates a new iteration of the tax class and increments its revision ID by one integer. For example, from 1130067-0 to 1130067-1.

Procedure

  1. In Tax Classes, click the tax class for which to create a new revision.
  2. In Edit Tax Class, click New Revision to create a revision of the selected tax class.
  3. Make the necessary changes to the tax class name, external ID, start date and time, rate, fixed tax, or tax recognition type.
    For details about these options, see the discussion about tax class properties.
  4. Click Save.
    To return to the Tax Classes list, click Tax Classes in the breadcrumbs.