What is a Tax Summary Report?

A tax summary report is a summary of all taxes that you have incurred on your expenses and received on invoices in your organization. You will be able to view the total value of taxes paid/collected during a period of time.

To view your Tax Summary Report:

  • Go to the Reports module in Zoho Books.
  • Navigate to Taxes and select Tax Summary Report.

taxsummary

The Tax Summary Report will contain the following columns:

Title Description
Tax Name The tax applied to a particular transaction
Tax Percentage The percentage at which the particular item/service is charged.
Taxable Amount The amount on which tax was levied on.
Tax Amount The amount of Tax that was actually charged.
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