Tax
Create and manage tax rates for use across invoices, bills, proposals, and accounting reports — with full control over naming and percentage logic.
🔐 Access Control
- Only Admin users with the correct permissions can access this setting
- From the Dashboard, go to Accounting → Setup → Tax
➕ Creating a Tax Rate
Click the + button to open the tax creation form.
| Field | Description | Example |
|---|---|---|
| Tax Rate Name* | Label used across financial modules | VAT, Service Tax, Local Levy |
| Tax Rate %* | Percentage applied to line items | 20, 5, 0 (for exempt) |
Tip:
- Use clear naming to match regional or sector-specific tax rules
- Set 0% rates for exempt categories (e.g. care services, education)
- Avoid duplicate names — use suffixes like
VAT (UK)if needed
📋 Managing Tax Rates
Once created, tax rates appear in a table:
| Column | Description |
|---|---|
| Tax Name | Label used in invoices and bills |
| Rate % | Percentage applied |
| Action | Edit or delete the tax rate |
Note:
- Tax rates are selectable when creating invoice or bill line items
- Deleting a tax rate does not affect historical records — it only prevents future use
✅ Best Practices
- Create tax rates before issuing invoices or bills
- Match tax names to legal or regional terminology for audit clarity
- Use 0% rates for exempt services to preserve logic without skipping tax fields
- Review tax rates quarterly or when regulations change
- Avoid hardcoding tax into item prices — use separate fields for transparency
