Difference between revisions of "Taxes"

Revision as of 16:30, 21 January 2019

Taxes list page: https://cloud.protemos.com/tax/index

You can define several taxes in the system, link them to the clients and vendors, and add them to your invoices.

Taxes list

To create a list of taxes, go to Settings=>Taxes=>Taxes list:

370px

It will bring you to the Taxes list page.

Here you may define the necessary number of taxes that will be used in the system.

You may add them whether as a percentage or absolute amount (the last one will be helpful if you have to pay some fixed governmental fee on each transaction).

To add a new tax, press the "New tax" button:

1000px

Enter a name of the tax, select the type, and specify its sort order in invoices:

500px

Press "Create" to add the new tax to the list.

Note: Only the taxes, that are defined in this list, will be displayed in the drop-down list while assigning values to them.

On this page, you may also rename taxes, change their sort order or delete them by pressing corresponding buttons:

1100px

Note: You can’t delete taxes that you have already used in invoices.

Having entered all the needed taxes, you can define default clients and vendors taxes sets.

For more info, please see the next sections.

Default clients taxes set

To create a default clients taxes set, go to Settings=>Taxes=>Default clients taxes set:

370px

It will open the Default clients taxes page where you can add default percentage and absolute taxes for your clients.

For more info please see the corresponding articles below.

Note : Apart from that, you may define an individual set of taxes for each client. It will override the default clients taxes set value.

Add default percentage taxes

To add a default percentage tax, press the "Add default persentage tax" button:

1000px

Select the tax name from the drop-down list (only the taxes which are defined as the percentage will be displayed) (first, it should be created in: Settings=>Taxes=>Taxes list as described above):

700px

Enter its default value and press "Create":

700px

The new tax will appear in the default clients taxes set:

Here you may update taxes, change their default values or delete them by pressing corresponding buttons.

You may add as many taxes as you need.

Now, when you issue invoices, the system will be adding this set of taxes to each of them.

Add default absolute taxes

To add a default absolute tax, press the Add default absolute tax button:

1000px

Select the tax name from the drop-down list (only the taxes which are added as the absolute amount will be displayed), select the necessary currency, enter its default value, and then press "Create":

600px

The new tax will appear in the default clients taxes set:

Here you may update taxes, add new ones, and delete them by pressing corresponding buttons.

Now, when you issue invoices, the system will be adding this set of taxes to each of them.

Note : Default absolute taxes are applied according to the currency of receivables.

To put it simply, the default absolute tax in Euro will be added when you invoice receivables in Euro etc.

Custom taxes set for individual client

As stated above, you can define an individual set of taxes for each client.

To do so, go to the required client's profile, and select the Taxes tab:

1100px

By default, the global taxes set (default clients taxes set) is applied whenever an invoice is generated.

To apply a custom taxes set for this client, press the "Define custom set" button:

1100px

Note : If the custom taxes set is applied, but it remains empty - no taxes will be added whenever an invoice is generated for this particular client.

1100px

You may add individual taxes as percentage values and absolute values by pressing corresponding buttons.

For more details please see the articles below.

Add custom percentage taxes

To add an individual tax value for this client, press the "New tax" button:

1200px

Select the tax name from the drop-down list (first, it should be created in: Settings=>Taxes=>Taxes list as described above):

700px

Enter its default value and press "Create":

700px

The new tax will appear in the custom taxes set:

1200px

You may add as many custom taxes as you need.

Now, when you issue invoices for this client, the system will be adding this custom set of taxes to each of them.

On this page, you may also update taxes, their default values or delete them by pressing corresponding buttons.

Here you can also switch back to the use of global taxes set (default clients taxes) by pressing the "Use global set" button:

1200px

Taxes in individual client invoice

In the taxes section of client invoice page, the set of taxes is displayed according to the system and client's profile settings:

• Default clients taxes set - is displayed by default.

• Custom taxes set - will be displayed if you apply and define a custom taxes set for the particular client.

• No taxes - will be displayed if you apply the custom taxes set, but don't define any tax values for the client.

But in any case, you can add new taxes, edit or delete displayed ones by pressing corresponding buttons, and override the default and custom sets described above:

1200px

Taxes will be added and displayed in the invoice details section:

1200px

Default vendors taxes set

To create a default vendors taxes set, go to System=>Taxes=>Default vendors taxes set:

370px

Then press the "Add default tax" button:

1200px

Select the tax name from the drop-down list (first, it should be created in: Settings=>Taxes=>Taxes list as described above):

700px

Enter its default value and press "Create":

700px

The new tax will appear in the default vendors taxes set:

1200px

Here you may update taxes, their default values or delete them by pressing corresponding buttons.

You may add as many taxes as you need.

Now, when you issue the invoices, the system will be adding this set of taxes to each of them.

Note : Apart from that, you may define an individual set of taxes for each vendor. It will override the default vendors taxes set value.

Please see more info below.

Custom taxes set for individual vendor

As stated above, you can define an individual set of taxes for each vendor.

To do so, go to the required vendor's profile, and select the Taxes tab:

1200px

By default, the global taxes set (default vendors taxes set) is applied whenever an invoice is generated.

To apply a custom taxes set for this vendor, press the "Define custom set" button:

1200px

Note : If the custom taxes set is applied, but it remains empty - no taxes will be added whenever an invoice is generated for this particular vendor:

1200px

To add an individual tax value for this vendor, press the "New tax" button:

1200px

Select the tax name from the drop-down list (first, it should be created in: Settings=>Taxes=>Taxes list as described above):

700px

Enter its default value and press "Create":

700px

The new tax will appear in the custom taxes set:

1200px

You may add as many custom taxes as you need.

Now, when you issue invoices for this vendor, the system will be adding this custom set of taxes to each of them.

On this page, you may also update taxes, their default values or delete them by pressing corresponding buttons.

Here you can also switch back to the use of global taxes set (default vendors taxes) by pressing the "Use global set" button:

1200px

Taxes in individual vendor invoice

In the taxes section of vendor invoice page, the set of taxes is displayed according to the system and vendor's profile settings:

• Default vendors taxes set - is displayed by default.

• Custom taxes set - will be displayed if you apply and define a custom taxes set for the particular vendor.

• No taxes - will be displayed if you apply the custom taxes set, but don't define any tax values for the vendor.

But in any case, you can add new taxes, edit or delete displayed ones by pressing corresponding buttons, and override the default and custom sets described above:

1200px

Taxes will be added and displayed in the invoice details section:

1200px