Use this activity to connect tax codes to accounts. You can enter a tax code as default for a specific account. This mandatory task is to be performed by a system administrator or equivalent person.
You can connect a tax code with the No Tax tax type and decide whether one of the tax codes should be the default tax code. If Tax Handling is set to All, you can only enter the default tax code for the account. If Tax Handling is set to Restricted, you can enter the allowed tax codes. If Tax Handling is set to Blocked, you cannot enter a default tax code for that account.
Tax codes must have been specified in the Tax Codes page.
The default tax code is displayed when transactions are entered for the account.