How can we edit an existing tax rate?

Edit an existing tax rate

Let’s see the steps for edit the existing?tax?rate

• Click on the?Gear?icon found on the top right hand side corner of the screen and click on?Taxes?from the drop-down.
• In the Edit Tax screen, edit the desired fields such as Tax Name, Rate and select if it is a compound tax.
• Click?Save?for the changes to take effect.

• If this tax has already been applied in some transactions, you will asked to confirm if you wish to update the new tax rate in those transactions as well.