(A) Update Item Tax for Items
There are several approach in creating the item taxes:- **1) To Create Item Tax for New Finished Goods Item** \- Select **Item** -> **Item Tax** \- If a **new finished goods item** is created, **set the new Item tax data** with the appropriate **sales tax payable account** (created in Charts of Accounts) and **tax rate** in the Item Master when the sales tax is applicable. (*refer below for reference).* [ ](https://guides.smurps.com/uploads/images/gallery/2019-03-Mar/GASB---SST-.png) **2) To Create Item Tax for an Existing Finished Goods Item** \- For e.g. if an **existing finished goods item** consist of Output Tax SR that is no longer applicable in the item tax. Please **check the box** for the item tax and click **delete**. After delete, **replace it with new taxes or charges** with its latest tax rate or charges. \- Follow step in **1)** for the replacement of new taxes or charges. [](https://guides.smurps.com/uploads/images/gallery/2019-03-Mar/FG---Item-tax.png) **3) New and existing Traded Goods** \- For the **new and existing Traded Goods** or other items, please remove all tax data in the Item Master because these items are non-taxable. \- To remove the tax data or charges -> **check the box -> select delete ->click save.** [ ](https://guides.smurps.com/uploads/images/gallery/2019-03-Mar/Item-Taxes---delete.png) 4\)