Create Tax Rate / Group

Create Tax Rate / Group

Table of Contents

ADD TAX RATE #

  1. To add a new tax go to Settings -> Tax Rates -> Add
  2. Add a descriptive name (eg: “[email protected]%”) and specify the “Tax Rate%”

 

In the screenshot below, you can see the options to add, edit, and delete

 

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Create Tax Rate / Group 14

 

See the below screenshot add/edit the Tax Rate

 

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Create Tax Rate / Group 15

 

TAX GROUPS #

  1. Sometimes you will need to apply multiple taxes to an invoice or purchase. So it would be best if you created tax groups by combining various taxes.
  2. To add a Tax Group – Click on Add Button, Give a meaningful name, and select the tax you want to use in this tax group.
  3. The tax rate of the tax group will be the sum of tax rates of Sub-taxes added.
  4. If sub-tax is edited the corresponding tax group’s tax rate will also get updated accordingly.
  5. You cannot delete a Tax if it is used in a Tax Group.
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Create Tax Rate / Group 16
Create Tax Rate / Group 17

NOTE: If you disable the inline tax in the purchase and sell, the Price Inc tax column will not be shown on the POS screen.

Are you getting Stuck? Feel free to contact our dedicated support team for any further assistance.