# Profits

The Profits feature allows users to create and manage various profit entries, including setting profit names, types, rates, and tax settings.

### Access The Profits Page

1. Log into the application using your credentials.
2. From the dashboard, navigate to **Accounts** in the side menu.
3. Select **Profits** from the dropdown list.

<figure><img src="https://4148303057-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FxJO1GSxhJIrS0metPeFt%2Fuploads%2F9rJrboYQxASIZ8EHAnWU%2FProfits%20Page.png?alt=media&#x26;token=ac60eedc-335e-4b32-8319-878ace35a270" alt=""><figcaption></figcaption></figure>

### Create A New Profit Entry

To create a new Profit entry, follow these steps:

1. Click the **Add** button in the top-left corner of the Profits page to create a new profit entry.
2. On the "C**reate New Profit**" page:
   * Enter the Profit Name in the "**Enter profit name**" field.
   * Select the Type of Profit from the dropdown menu.
   * Enter the Default Rate (%) in the "**Enter default rate**" field.
   * Toggle the "**Apply withholding tax?**" switch if applicable.
3. Click the **Save** button to create the profit entry.
4. Confirm the action by selecting **“Yes, I want to proceed.”**

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### Modify A Profit Entry

To modify an existing Profit entry:

1. In the **Actions** column, click the three vertical dots (⋮) next to the profit entry you wish to modify.
2. Select **Modify** from the dropdown menu.
3. Update the necessary Profit details.
4. Click **Update** to apply the changes.
5. Confirm the action by selecting **“Yes, I want to proceed.”**

### Activate/Deactivate A Profit Entry

To activate or deactivate an existing Profit entry:

1. In the Actions column, click the three vertical dots (⋮) next to the profit entry you wish to activate or deactivate.
2. Select **Activate** or **Deactivate** from the dropdown menu.
3. Confirm the action by selecting **“Yes, I want to proceed.”**