Record sales tax
To record sales tax:
Start by selecting an invoice. Create a new invoice if you do not
have an invoice.
As seen in the screenshot below, the invoice has a line with a
heading of "Tax". Inside the brackets, you can type in the tax rate
for your region. For this invoice, we have set the tax rate to be 10%.
Injoice will calculate the tax payable as a percentage of the
subtotal. The total amount payable is then the subtotal amount added
to the tax amount.
You might sell products which are tax exempt. Injoice supports marking
individual line items as being tax exempt. To mark a line item as being
Find the line item that needs to be tax exempt. Immediately to the
right of the item's cost, you should see a group of buttons. An example
line item is shown below.
Click on the first button. The button should now be highlighted, as
- The line item will now be ineligible for taxation.
To set a default tax rate for new invoices:
- On the application menu bar, select Injoice > Preferences.
There is an input box where you can set the default tax rate. Leave
it blank if you don't want to set a default value.
- Your preferences are automatically saved.