What is This?
Tax components allow you to combine different taxes into a single group. For example, a sales tax might combine a state level and local level tax.
After adding a tax component, you can drag and drop the components in the table to change the order of execution. This is important if you've chosen the ‘Compound’ or ‘Surcharge’ calculation methods.
After adding a tax component to the table, you can modify the component name, tax percentage, or taxable amount by clicking on the current value in the table.