How to Setup Tax Rate?

Overview

You need to have Administrator or Account user role to have access to this feature.

Follow these simple steps;

1. Go to Settings > Accounting > Tax.
2. Click on Add Tax button.
3. Enter the following information; Tax Name, Tax Code, select Transactions Type, Description.
   Transaction Type determines if the tax is applicable at Invoice or Vendor's Bill.
4. Enter the Tax Component information; Tax Component name, Tax Rate value and Select account that is applicable. In some country or city, a tax may have multiple tax component.
5. Click Save Tax