Tax Group

A tax group is where you can combine multiple taxes into a group, and use them while creating expenses. This feature will be useful if most of your expenses involve the addition of one or more taxes on a regular basis.

To create a new tax group:

• Go to Tax -> Tax Group -> Create New .
• Provide a name for your tax group and select the Tax Type - Inclusive, Exclusive or Exempt
• Using Bulk select add the taxes which you would like to include in your newly created tax group.
• Click Save to save your newly created tax group.

Tax Type

If you set the Type to Tax Exclusive, the tax will be calculated on the charge and added to the charge to arrive at the total payable amount.

For example-

    Total amount is $105 (100+5).

If you set the Type to Tax Inclusive, the tax you configure will be included as part of the charge. The tax amount will be derived from the charge. That is, the tax amount will be derived from the total charge and displayed on the invoice.

For example - 

You can set the type to Exempt to include items which have 0% tax.