Set up VAT and the taxes you charge, once
Tax Management keeps each tax with its type, rate and mode. Give items their taxes, and every sale works them out line by line, inclusive or exclusive.
Tax Management · Add tax
Taxes
VAT 13% New
In short
Tax Management stores each tax with a name, a type such as VAT, Service Charge or TDS, a rate as a percentage or fixed amount, and a mode, Exclusive (added to price) or Inclusive (included in price). Items carry their taxes, and the POS shows each one by name and rate.
The problem it solves
When VAT is typed onto every bill by hand, one cashier adds it on top, another assumes it is included, and the monthly return never matches the sales.
How it works
4 steps, start to finish
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1
Add a tax
Name it, pick its type and enter the rate as a percentage or a fixed amount.
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2
Choose the mode
Exclusive adds the tax to the price; Inclusive takes it out of the price.
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3
Assign it to items
In the item form's Taxes section, pick the taxes that apply.
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4
Sell
Each sale works the tax out per line and shows it by name in the totals.
In detail
What taxes does for you
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Many tax types
VAT, Service Charge, Excise, Customs Duty, TDS and more.
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Inclusive or exclusive
Per tax, so shelf prices can include VAT or not.
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Percent or fixed
A rate in percent, or a fixed amount per line.
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Per item
Each item carries the taxes that apply to it.
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Shown on the bill
Every tax appears as its own row with its rate.
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Yes. Set the tax mode to Inclusive and the tax is taken out of the price rather than added.
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Yes. Taxes are assigned per item, so exempt items simply have none.
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No. It works out and shows the tax on every sale; there is no VAT return or sales register report yet.
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TDS can be set up as a tax type, but it is not withheld from payments automatically.
Works together with
- Subtotal, Discount, Coupon discount and Tax through to Total incl. taxes.
- Post charges, void with a reason, take payment, settle at checkout and issue a tax invoice.
- From Merchandise Revenue through COGS and Gross Profit to Net Profit.
- Each line carries its quantity, variant and a note for the kitchen or packer.
Taxes · Free to start
Try taxes on your own business
Set up in a couple of minutes. Your catalogue, orders and books stay yours to export.
- Live in 2 minutes
- Free to start
- No credit card