How to set up the default Vendor tax rate

The following article provides instructions for how to assign a default Vendor tax rate. 

Steps:

1. On the left-hand navigation bar, select PROCURE and VENDORS
2. Locate and select the Vendor 
3. Below the Vendor name, select the Financial Settings tab 
4. Beside the Default Vendor Tax Rate, Select the SELECT TAX field 
5. 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.