Taxes

Setup – Basic Data Setup

When you select the Region, the default Taxes used in that Region/Country are generated automatically.

You can create a new Tax by clicking on the button, or Edit the Tax you have selected by double tapping on it.

Here you can enter the data for the new Tax:

• Code: By default, the system generates a sequential code, which can be changed as long as it is unique.

• Name: Here you must enter the name of the Tax.

• Type: There are different types of Taxes, you must choose the appropriate one:

  • Normal: This is the standard type. Taxes will be calculated as a percentage of the item sale.

  • Amount per Quantity: This is a special type of Tax that is calculated according to the Unit of Measurement defined on the item and on the quantity sold. It may be used in some countries for taxes on alcohol.

  • Fix Amount: This tax will charge a fixed amount when the item is sold. For example, it can be used to charge tourist tax.

  • Group: When an item is affected by more than one tax, we should create all those taxes separately and put them together in a Tax group. For example, it can be used for items that must charge both a state and a local tax at the same time.

In each tax group, you can add up to 10 different taxes that can be charged to the items you assign.

Here are some examples of taxes. We have added two new taxes to the default one for the region.

You have a facility to change all items assigned to one Tax, to a different Tax, in a single procedure. This process saves a lot of time when taxes are altered by law. Select the original Tax and tap the button.

Now select the new tax in the field To Tax. This will change all records containing the original tax to the new one.