Does ERPNext offer mass editing from lists?

Can you edit multiple entries from a list. E.g. the 5 selected items should switch to another workflow state. Or: These 11 records should have the value 5 in the field business value?

Yes, in Staging and development builds, select the items, go to Actions and select Edit. You can select the field and set the value.

If you want to only update business_value = 5 where business _value = 10, then first filter for business_value = 10, then highlight and then go to Actions / Edit and set the value to 5.

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But we Can Change or add TAX(Item Tax) value by your method?