Tax rates
The Tax rates module is used for the taxes applied to products, services, and sales. Here you create the tax rates themselves, and in the business settings you define which taxes are preselected by default and how prices are interpreted in relation to tax.
This is usually one of the earlier finance setup steps. If you work with tax and fiscal flow, fill this in before day-to-day payment operations.
What is on the page
The main list shows:
- tax name;
- rate;
- Fiscal VAT group;
- Active status;
- an edit action.
Below the list there is a separate Business default tax settings card where you manage:
- Default tax for products
- Default tax for services
- Price tax mode
Create and edit a tax rate
- Open Tax rates.
- Select Create tax rate.
- Fill in:
- Tax Name
- Rate
- optionally Fiscal VAT group
- Active tax
- Save.
When you open an existing tax rate, you can:
- edit the name, rate, and fiscal VAT group;
- delete the tax rate;
- restore a deleted tax rate.
Business default settings
From the Business default tax settings card you choose which taxes should be preselected automatically:
- for new products;
- for new services.
You can also enable:
- Apply this tax to all existing products
- Apply this tax to all existing services
These switches affect not only future records but also already existing products or services.
Price tax mode
The same screen includes Price tax mode. It defines how the app interprets entered prices:
- Prices are entered without tax - tax is added on top of the entered price;
- Prices are entered with tax included - tax is extracted from the entered price.
This setting affects sales calculations, so change it only if you clearly understand your pricing model.
What Fiscal VAT group is for
The Fiscal VAT group field maps the tax rate to a fiscal VAT group in the cash register. This is important for correct fiscal reporting.
The actual device, operator details, and print mode are configured separately in Fiscal devices and fiscal printing.