Taxes

Your business’ financials are affected by regulatory taxes and each organization has different country specific taxes to adhere to. You may have added Taxes in the Quick Setup section. You can edit or add further Taxes through the Settings section.


Adding New Taxes

To create or add a new Tax follow steps as below:

New tax


Editing Tax

To edit an existing Tax follow steps as below:

Edit tax


Deleting Tax

To delete an existing tax follow steps as below:

Delete tax


Adding New Tax Group

It is customary in some countries to club some taxes under a common head. In such cases you will have to create Tax Group which will fulfill this regulatory requirement. To create a Tax Group follow steps as below:

Add Tax group