The procedure is used in tax rate correction when you want to keep tax rates in the created documents and correct them in the Items register for any further receiving and issuing. Example: Tax rate correction on January 1st, 2002.

The procedure can be found in the Items register wizard:

Enter or select a single criteria:

To carry out the procedure successfully you have to enter all the necessary tax types in the Tax Types register.

To correct tax rates one needs to first mark whether one wants to change the sale or retail price including tax:

1. Select the Price excluding tax for the base (option M):

Example:

• price €100, tax rate 19 %, retail price €119
• after transition to 20% tax rate the result will be:
• price €100, tax rate 20 %, retail price €120

2. Select the Price including tax for the base (option P):

Example:

• price €100, tax rate 19 %, retail price €119
• after transition to 20% tax rate the result will be:
• price €99,17 EUR, tax rate 20 %, retail price €119

Proceed by clicking . A new table is opened where you can select the following from the Tax Types register:

Id ID does not exist in Tax Types register, the procedure will not be carried out!

Below you can see an example of such setting when using default tax type (tax type Z, that is a type for expenditure not recognized for tax purposes does not appear in the register and that is why they are not dealt with here):

Proceed by clicking .

References for Tax type from will be changed to Tax type to in the Items register and in the Item Categories register.

After the procedure completes successfully the following message is returned (see Operation completed!).