“On this page, you will find everything related to the Tax Summary page, how to access it, and familiarize yourself with its features.
To access the “Tax Summary” page, please follow these instructions:
- Start by clicking on the “Finance” menu in the main menu.
- Then, click on “Account Review” available in the top toolbar of the page.
- Next, click on the link “Tax Summary.”
Options and Features of the “Tax Summary” Page:
The Tax Summary page is a powerful tool for understanding and analyzing the details of taxes related to your business. This page provides a comprehensive and detailed overview of various aspects of taxes that your company deals with.
- Date Filter and Access to Net Tax: Using this filter, you can specify a specific time period and get a comprehensive view of the taxes due on the company during that period. You can determine the company’s compliance with tax payments according to the specified timeline.
- Tax Details for Sales and Purchases: The page provides you with a table that shows the total tax related to sales and purchases. You can check the amount of tax imposed on both sales and purchases separately. This feature helps clarify the impact of taxes on different aspects of business.
- Calculation of Taxable and Exempt Tax: The page displays calculated values of tax for each type of sales and purchases. Additionally, it highlights sales or purchases that are entirely exempt from tax, indicated by a zero percentage in the table. This helps in analyzing the distribution of taxes and determining their impact on profits.
- Summary of Tax Value after Calculations: In addition to the calculated tax values, the page provides a summary of the net tax value. This is done by adding up all types of taxes, resulting in the net tax value after considering all financial variables.
In summary, the Tax Summary page provides a comprehensive and detailed understanding of tax details related to your business. Through its various components, it provides accurate and specific information to help you make informed decisions about organizing and managing taxes in the company.”