TO CHANGE YOUR TAX RATES FOR MARCH 1, 2009
DISCLAIMER: These instructions are meant as a general guideline. Tax settings can be very complex and therefore Infinity does not make any guarantee that these instructions will provide the correct setting for your specific application. You are responsible for confirming that every Tax Rate is correct. Infinity will not be held liable for any tax bills, fines, penalties, or other legal actions that arise from change you make to your tax tables. After making the changes you should carefully monitor and check the calculations of taxes on all reports for the next month at minimum to account for sales in all possible categories (retail, food, alc, etc).
IF YOU ARE NOT SURE EXACTLY WHAT NEEDS TO BE CHANGED YOU SHOULD CONTACT INFINITY TO MAKE THE CHANGES FOR YOU! THERE IS A MINIMAL FEE FOR THIS SERVICE. Please call 843.497.7773
1. Open the Rest. Mgr Back Office Program.
2. Click Setup, Settlement (or Settlement and Tips)
3. Click Tax Tables
IMPORTANT: Prior to making ANY changes in your tax tables, please write down EACH TAX NAME and the PERCENTAGE RATE. This is vital to help track down any problems if you change the tax incorrectly. Do this for the Primary and Secondary tax tables.
You will see the Primary and Secondary Tax Tables. Not every restaurant uses the same tax matrix so pay careful attention to the Tax Names and Values as you make the changes. The nex tax is a 1% increase on food & beverage and retail. Note the 5% Excise Tax on Liquor does NOT increase!
a. If you see a Food or Alc tax at 7.00, Change it to 8.00
b. If you see a 9.50 Change it to 10.50
c. If you see a retail tax of 6 or 7 percent, change it to 8.00
If you have any other configurations or are unsure, you should call Infinity to make the changes for you.