The Category Default Tax Rates tool can be used to set the default Tax Rates for each Expense Category, so that when a User is submitting an Expense Claim, the correct Tax Rate has been pre-selected.
While the Default Tax Rate can be edited, setting up the defaults will typically reduce the number of instances of the incorrect Tax Rate being selected, reducing the administrative burden on your Finance Approver to review and update incorrect Tax Rates.
1. From your Dashboard, go to the Admin tab by selecting the icon. On the left-hand side navigation bar, scroll down to EXPENSES and select Category Default Tax Rates. All Expense Categories will be listed here with their Default Tax Rates.
2. Set the required Default Tax Rate for each Expense Category by clicking into the field and selecting the appropriate option from the drop-down list.
You can set the required Default Tax Rate for each office if you have multiple offices with up in CMap.
3. When you are happy with the changes made, click Save.
Hey presto! Hopefully, you can now manage the default Tax Rates which will be automatically selected when choosing an Expense Category when filling out an Expense claim. This drives consistency, and therefore reduce the administrative burden on your Finance Approver to review and update incorrect Tax Rates.