Tax Rates Configuration

This article describes best practices for correctly configuring tax rates on the CollegeOne Smart POS device.

Step 1: Logging In

• Log in to your CollegeOne Smart POS device with administrative privileges.
  

Step 2: Accessing the Configuration Section

• Navigate to the configuration section on your device.
  

Step 3: Creating and Defining Tax Rates

• Locate the field titled 'Tax Rates'.
• Check if tax rates applicable to your country are pre-configured. If not, press the "New Tax" button to create new tax rates.
• Create all applicable tax rates. Note that while creating or editing items, you can define which tax rates apply to each item.
  

Step 4: Defining Item Tax Rates

• Access the Products section.
• To define tax rates for existing items, press the 'List Products' option.
• To create a new item and define its tax rate, press the 'Add Products' option.
• In the "Tax Rate" field, select the applicable tax rate for the product.
• Press the "Edit Product" button to save the changes.
  

Great! You have completed the process of creating tax rates and defining the tax rates that should apply to items.