How to setup Invoices Tax code for Bangkok, Kingdom of Thailand?

Updated on October 19, 2016 03:24AM by Admin

Users in Bangkok, Kingdom of Thailand can easily set up their online Invoices to charge for the sales/services taxes. In Bangkok businesses are required to charge VAT taxes on all products/services they sell. You can use our Single rate tax code calculator to make these tax rates available for use when creating invoices.

The tax code followed in the Republic of Thailand

The Value Added Tax (VAT), is a form of consumption tax and it is collected at the rate of 7% on all supplies of goods and services.
Reference: Value Added Tax (VAT) rates of Bangkok; Kingdom of Thailand is referred from Taxrates ccWebsite.

Steps to Configure Taxes on Invoices App Settings

  1. Log in and access Invoices App from your universal navigation menu bar.  
  2. Click on “More” icon and select "Settings" located in the app header bar. 
    invoice settings
  3. Click on "Invoice” and select "Taxes" from left navigation panel.
    taxes
  4. Select “Single Rate Taxes” on taxation.
    single rate taxes  
  5. Click “Create” button to create a single rate tax.  
  6. Provide the following:
    • Tax Code – Code of the tax.
    • Tax Rate Type – Select a type either fixed or percentage.
    • Tax Rate – Rate of the tax (percentage or amount). 
    • Print Label – Name of the tax.
    create single rate tax
  7. Click on “Create” button to complete.
  8. You can view the created single rate tax code in a list.
    overview taxes 
  9. By default, the created single rate tax will be in enabled mode. 
  10. You can proceed creating a new invoice with the above settings. 
  11. You can either E-mail an invoice with PDF attachment or manually print invoice to the customer. 
  12. You can view the invoice Tax code items subtotals on PDF format. 
    pdf template
  13. You can capture the tax code at invoice header level and line level.

Related Links