Article Sections:
Create a New Tax Rule
Step 1: Go To Your Payment Settings
Go to your Studio Manager Dashboard, then click on the More tab.
From the More tab drop-down list, click on Payment Settings.
Step 2: Go to the Taxes Section
On the Settings page, go to the Taxes section and click on the + New Tax Rule button.
An Add/Edit Tax Rules box will pop up.
Step 3: Fill Out The Tax Rule Details
To create a tax rule, three fields are required first:
Rate field: Type in the tax rate percentage amount, e.g, 4.
Name/Description field: Give the Tax Rule a name, e.g., NY Tax.
Country field: Type in or select the country from the drop-down list, e.g., United States.
After you’ve provided these details, the Add/Edit Tax Rules box will expand and add more fields.
Step 4: Finalize and Save Your Tax Rule
Next, you’ll need to select which region the tax rule applies to, and which services/products should be taxed.
Under the Tax Type section, select the radio button of the region the tax rule applies to.
Click the National radio button if the tax rule is for a national tax.
Click the State radio button if the tax rule is for a specific State or Province. Then select the state or province from the drop down list.
Click the Local radio button if the tax rule is for a local area, then enter in the zip codes for the Starting Zip Code field and Ending Zip Code field.
Under the Tax Options section, select the product or service checkboxes that should be taxed.
For example, to tax physical goods, select the Tax Goods checkbox.
Click on the Save button to save your tax rule.
Edit Or Delete a Tax Rule
After saving, your tax rule will appear in your Taxes section.
To edit your tax rule, click on the name of your tax rule in blue, and the Add/Edit Tax Rule box will pop up.
To delete your tax rule, click on the trash can icon located on the right of your tax rule’s locality.
Apply a Tax Rule to an Invoice
Open the invoice you want to apply a tax rule to.
Under the Tax header, click on the dash in the line item.
Select the tax rule you want to use from the drop down list, e.g, 4% Goods.
To remove a tax rule, click on the No Taxes item.
To add, edit, or delete your tax rules, click on the Manage Tax Rules item.