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๐Ÿ“Š Tax Rates, Tax Groups & Disabling Tax in BillBook

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BillBook provides flexible tax settings, allowing businesses to apply single or multiple tax rates, create tax groups, or disable tax entirely if not required. ๐Ÿš€๐Ÿ’ฐ


๐Ÿ”น Tax Rates (Adding & Managing) #

โœ… Go to โ†’ Settings โ†’ Tax Rates
โœ… Click โ€œAddโ€
โœ… Enter:

  • Tax Name (e.g., VAT@5%)
  • Tax Rate (%) (e.g., 5%)
    โœ… Click Save ๐Ÿ’พ

๐Ÿ“Œ Now, the tax can be selected during sales and purchases.


๐Ÿ”„ Tax Groups (Combining Multiple Taxes) #

Sometimes, businesses need to apply multiple taxes on invoices or purchases. BillBook allows creating Tax Groups to combine multiple tax rates.

โœ… Go to โ†’ Settings โ†’ Tax Groups
โœ… Click โ€œAddโ€
โœ… Enter:

  • Tax Group Name (e.g., GST – CGST+SGST)
  • Select Sub-Taxes to be included (e.g., CGST@5% + SGST@5%)
    โœ… Click Save ๐Ÿ’พ

๐Ÿ“Œ The total tax rate for the group will be the sum of all selected sub-taxes.

๐Ÿ”น Example:

  • CGST@5% + SGST@5% = GST@10%
  • If a sub-tax is edited, the tax group rate updates automatically.
  • You cannot delete a tax if it is used in a tax group.

๐Ÿšซ Disabling Tax in BillBook #

If your business doesnโ€™t require tax calculations, you can disable tax entirely.

๐Ÿ”น Steps to Disable Tax: #

โœ… Do NOT add tax rates in settings.
โœ… Go to โ†’ Settings โ†’ Business Settings.
โœ… Uncheck “Enable Inline Tax in Purchase & Sell” โœ…
โœ… Uncheck “Enable Price & Tax Info” โœ…
โœ… Set “Default Sale Tax” to None.

๐Ÿ“Œ What happens when tax is disabled?

  • No tax rates will apply to sales & purchases.
  • The “Price Including Tax” column will be removed from the POS screen.

๐Ÿš€ Why Use Tax Settings in BillBook? #

โœ… Automates tax calculations for sales & purchases ๐Ÿ“Š
โœ… Allows businesses to apply single or multiple tax rates โœ…
โœ… Flexible tax groupings for different tax structures ๐Ÿ”„
โœ… Easily disable tax for businesses that donโ€™t require it ๐Ÿšซ

With BillBookโ€™s Tax Management feature, businesses can customize tax settings as per their needs! ๐Ÿš€๐Ÿ’ฐ

Let me know if you need any refinements! ๐Ÿ˜Š

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