Set default tax code for your Chart of Accounts

Do you want to assign default tax codes to your Chart of Accounts? Good news! You can make bulk changes to the default tax codes in your Chart of Accounts.

Note: Default tax codes can only be set up in the Chart of Accounts, and for products and services. You can't add a default tax code to a customer or supplier.

Bulk assign default tax codes to your Chart of Accounts

1. Go to Transactions and select Chart of accounts (Take me there)
2. Choose the chart of accounts you want to assign the same tax code to.
3. Select Batch actions, then select Set default Tax code.
4. Select a tax code, then select Apply.

That's it! The new default code will show in the Tax Rate column.