Goal:
how to assign a default tax rate
Creating a vendor tax rate
The following article provides instructions on assigning a default Vendor tax rate. Please note the default tax amount will be added to the Bill and not the PO.
Steps:
Navigate to Procure and Vendors
Select the applicable Vendor
Below the Vendor name, select the Financial Settings tab
Next to the Default Vendor Tax Rate, Select the Select Tax field
Select an available tax from the drop-down list or select + Add New Tax
Once you've selected a tax from the list or created a new tax, the tax will automatically save and be assigned to the Vendor.