Basic Tax Settings
Basic tax settings may be configured under [Settings] > [Company] > [Taxes] > [Basic Tax Settings].
| Option | Details |
|---|
| Enable Tax | If checked tax will be enabled and all new invoices whose line item supports tax will have taxes applied as per the tax rules. |
| Cascade Tax | If checked level 2 taxes will be applied to the subtotal plus any tax calculated from the level 1 tax. That is, this enables tax on tax. |
| Tax Setup Fees | If checked setup fees will be taxed. |
| Tax Cancellation Fees | If checked cancellation fees will be taxed. |
| Tax ID/VATIN | Set this to your Tax ID or VATIN. |
Tax Rules
Tax rules may be configured under [Settings] > [Company] > [Taxes] > [Tax Rules].
| Option | Details |
|---|
| Tax Type | Taxes may be either inclusive (tax included in item price) or exclusive (tax not included in item price). |
| Tax Level | Level 1 taxes only apply on a country level, Level 2 taxes apply on both a country and state/province level. |
| Name of Tax | The displayed name of the tax (e.g. Sales Tax). |
| Amount | The percentage of the tax. For an 8.75% tax enter 8.75. |
| Country | The country the tax rule applies to. |
| State/Province | The state/province the tax rule applies to. May only be set for Level 2 taxes. |