How do I add a new tax rate?

To add a new tax rate:

• Go to Settings > Taxes and click +New Tax in the top right corner of the page.
• Enter Tax Name and Rate (%) for your tax.
• Check the This tax is a compound tax option to define it as a compound tax, if necessary.
• Click Save.

Now, the tax rate that you’ve created can be used when you create items or transactions.