Setting Up and Managing Tax Settings

In this video, let's see how to set up and manage tax settings in your system.

Introduction to Tax Settings

Today we will be introducing tax settings. Follow the steps below to configure your tax settings:

Step-by-Step Guide

1. Access Tax Settings:

   Go to the settings menu and click on "Tax".

2. Define Tax Inclusion:

   Specify whether all prices include tax or are exclusive of tax. There is a helpful table provided to understand the difference between inclusive tax and exclusive tax.

3. Add a Tax Rate:

   For example, you can add a sales tax rate of 10% applicable in your state. Note that sales tax is charged on subscriptions and packages, but not on other items.

4. Automatic Updates:

   The tax rate will be updated across IECRM, the customer app, and the website. It will be applicable when your clients are making purchases or when you are purchasing from POS.

5. Changing Tax Inclusion:

   If you need to switch from inclusive to exclusive tax (or vice versa), you must first remove the existing tax rate. After deleting the tax rate, you can change the tax inclusion setting.

And that's it! Thank you so much for watching.