Manage Taxes

• Taxes applied to a product/service in a bill. Also called an Item tax.

• Example: A Sandwich and a tea is billed.

  • A Sandwich cost is 2 $ and only has a sales tax(10%).

  • A Tea costs is 1 $ and has two taxes: sales tax(10%) and a federal tax(15%).

Sandwich x 1         2.00
sales Tax (10%)      0.20 

Tea x 1              1.00
sales Tax (10%)      0.10
federal Tax (15%)    0.15
-------------------------
Total                3.45 

Requirement

• You should have registered your company and have a branch.

Go to Users page

• If you are already logged in, then go to your Home page.

 Home Page -> Click on 'Your Branches' -> Select a Branch -> Click on 'Branch'

 Branch Page -> Click on 'Taxes'  

 Taxes Page -> Click on '+ Add new tax'.

Add a New Tax

• In the home page, Click on the section 'Your Branches'

• In the Branch page, Click on the Taxes card.

• Product page is displayed. This page displays taxes associated with your branch.

• Click on the '+ Add new product'.

• Add Product page is displayed.

  • It has following fields: Name, percentage, description, comment, date begin, date end.

  • Name: name of the tax.

  • Percentage: Percentage of the price.

  • Description: detail of the product.

  • Comment: [optional] Any comment

  • Date Begin: Date when the tax becomes applicable

  • Date End: Last Date when the tax is applicable.

• Example: If sales tax is added with begin on 1-July-2000, and ends on 31-Aug-2000.

  • Then tax will be valid for all days in the period starting 1-July-2000 and ending 31-Aug-2000.

  • It will be not be valid on 30-June-2000 and days before 30-June-2000.

  • It will be not be valid on 1-Sep-2000 and days after 1-Sep-2000.

• Fill in the above fields, and click on button Add Tax.