How to Add Taxes

Description

Taxes are the backbone of many economies. They are collected by national and provincial government bodies,and in some cases, even by local administrations authorized to do so. In many countries, taxes apply to a very wide range of products and services.

Each type of product or service is taxed at a different rate, and therefore, Gorelo allows you to create multiple tax rate entries, each with its own tax code and caption for easy identification and management.

Step-1: Navigate

After logging into your Gorelo account, go the “Settings” menu to open the SERVICE PROVIDER window.

click on “Invoice & Tax” to open the TAX SETTING sub-window.

Step-2: Click Add

Click on the “+ Tax” button to open the “Add Tax” pop-up form.

Step-3: Fill the Form

Enter the tax code, caption/statement that you would like to appear on invoice, name of the tax, and the tax percentage applicable.

Select whether this tax can be used to tax only products, only services or both.

Step-4: Save the Tax

Click SAVE.

Step-5: Access and Edit Tax

You can access the list of taxes from the same TAX SETTING sub-window. Here, you can see a list of all taxes saved, with relevant details of each.

You can click on the pen icon to edit or the trash icon to delete a particular tax.

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