How do I create taxes in items app?

Updated on July 31, 2020 01:14AM by Admin

A tax is a financial charge levied on taxpayers by a state or administrative division. Tax may be charged on income and/or wealth of individual, sales/services of the product, etc. 

Steps to Create Taxes in Items App

  • Login and access the Items app from the universal menu.
  • Click on the More(...) icon and select the Settings.

  • In the Settings page, click on the Items and selects the Taxes.

  • You can view the Single - Multi-Rate Taxes.
  • Select the Taxation type as the Single Rate Taxes.
  • You can create tax both for both the Item Headers and the Item Line.
  • By selecting the At Item Headers, the Tax Code will be displayed in the header while creating the Item.
  • By selecting the At Item Line, the Tax Code will be displayed at the line-level while creating the Item.
  • Then, select the Single Rate Taxes tab and click on the Create button.

  • You can view the Create Single Rate Tax pop-up, where you can fill in the following details:
  • Tax Code - The code of the tax.
  • Tax Rate Type - The type of rate you want to charge (Percentage / Fixed).
  • Tax Authority - The authority for whom you pay the tax for Governmental Authority. For example, if the tax is for the state of California means you have to enter the Government tax authority state name.
  • Tax Rate - The rate you would like to charge as tax.
  • Available for Items - Toggle ON to make the tax available for Items.
  • In the Print Label, enter the name you want to show on the create page.
  • By enabling the Tax Value Toggle, the Tax value will be shown in the Items Creation page.
  • Then, click on the create button.
Create Single Rates

  • The created single-rate taxes will get added to the list.
  • You can also Edit or Delete using respective icons under the Actions.

  • Now, go to the create Item page. Here, you can view the Created Tax code on the dropdown.
Tax code

Related Links

WorldWide Tax Code Setup