On this page, you will find a detailed and comprehensive overview of the Tax Groups page, its features, how to access it, and an explanation of how to add, edit, and delete tax groups.
To access the “Tax Groups” page, please follow the instructions below:
- Start by clicking on the “Settings” menu in the main menu.
- Then, click on “Financial” available in the top bar of the page.
- You will be directed to the “Tax Groups” page, which displays all types of taxes saved in the system.
Features and Uses of the “Tax Groups” Page:
- Adding Tax Groups: You can add an unlimited number of tax groups to later link them with customers and suppliers in the system.
- Customizing Tax Types for the Group: You can link more than one tax type to a single tax group to link them to customers and suppliers in case they are subject to multiple tax types.
- Customizing Shipping Tax for the Group: You can link the shipping tax to the group in case customers and suppliers are subject to shipping tax.
- Editing Tax Group Data: You can edit all tax group data, such as description and which taxes it is subject to, to ensure it fits your business requirements.
- Deleting Tax Groups: You can delete any tax group that is not associated with a specific customer branch and has no transactions.
By using the Tax Groups page, you can efficiently organize and customize your taxes according to your business needs.
Explanation of How to Add a “New Tax Group”:
- Description: In this field, you are required to add a clear description representing the new tax group you want to add. This description will be displayed to users when adding a customer or supplier to ensure proper understanding of the tax group.
- Tax Type: You can use the buttons next to each tax type to link that type to the group you want to add. You can link to one or more types.
After filling in all the required details, click the “Add New Record” button. A new tax group will be successfully added to the system.