taxes

How do I add a new tax?

US Edition:

Before adding a tax, you will have to enable Sales Tax.

  • Go to Settings -> Taxes and click on the Enable Sales Tax button.

New Tax

  • Once sales tax is enabled, you can start adding new taxes in accordance with the state you sell products or render your service.
  • Click on +New Tax.
  • Enter a Tax Name, Rate(%) and a Tax Authority (Type to add) for the tax you are adding. Eg: Illinois Department of Revenue.

New Tax

Global Edition:

  • Go to Settings -> Taxes and click on +New Tax.
  • Enter a tax name and provide a Rate(%) for your tax.
  • Check the Yes, this is a compound tax box to define it as a compound tax, if necessary.
  • Click on Save.

New Tax

Was this document helpful?
Yes
No
Thank you for your feedback!
Want a feature?
Suggest


Switch to smart accounting software. Switch to Zoho Books.   Start my free 14-day trial Explore Demo Account

Books

Online accounting software
for small businesses.