Tax Rates, Tax Groups & Disabling tax

Tax Rates 

 

 To add new tax go to Settings -> Tax Rates -> Add 

 Add a descriptive name (eg: “VAT@5%”) and specify the “Tax Rate%” 

 

 

 Tax Groups 

 

 Sometime you will need to apply multiple taxes to an invoice or purchase. So you should create tax groups by combining multiple taxes. 

 To add a Tax Group – Click on Add Button, Give a meaningful name, select the tax you want to use in this tax group. 

 The tax rate of tax group will be the sum of tax rates of Sub-taxes added. 

 If sub-tax is edited the corresponding tax group’s tax rate will also get updated accordingly. 

 You cannot delete a Tax if it is used in a Tax Group. 

 

 Disable Tax 

 

 Don’t add Tax Rates in settings 

 Go to Settings – Business Settings.

 

 Uncheck “ Enable inline tax in  purchase  and sell “ 

 

 

 

 

 If you disable the inline tax in the purchase and sell, the Price Inc tax column will not be shown in the POS screen.