BillBook provides flexible tax settings, allowing businesses to apply single or multiple tax rates, create tax groups, or disable tax entirely if not required. 🚀💰
🔹 Tax Rates (Adding & Managing) #
✅ Go to → Settings → Tax Rates
✅ Click “Add”
✅ Enter:
- Tax Name (e.g., VAT@5%)
- Tax Rate (%) (e.g., 5%)
✅ Click Save 💾
📌 Now, the tax can be selected during sales and purchases.
🔄 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.
✅ Go to → Settings → Tax Groups
✅ Click “Add”
✅ Enter:
- Tax Group Name (e.g., GST – CGST+SGST)
- Select Sub-Taxes to be included (e.g., CGST@5% + SGST@5%)
✅ Click Save 💾
📌 The total tax rate for the group will be the sum of all selected sub-taxes.
🔹 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.
🚫 Disabling Tax in BillBook #
If your business doesn’t require tax calculations, you can disable tax entirely.
🔹 Steps to Disable Tax: #
✅ Do NOT add tax rates in settings.
✅ Go to → Settings → Business Settings.
✅ Uncheck “Enable Inline Tax in Purchase & Sell” ✅
✅ Uncheck “Enable Price & Tax Info” ✅
✅ Set “Default Sale Tax” to None.
📌 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.
🚀 Why Use Tax Settings in BillBook? #
✅ Automates tax calculations for sales & purchases 📊
✅ Allows businesses to apply single or multiple tax rates ✅
✅ Flexible tax groupings for different tax structures 🔄
✅ Easily disable tax for businesses that don’t require it 🚫
With BillBook’s Tax Management feature, businesses can customize tax settings as per their needs! 🚀💰
Let me know if you need any refinements! 😊
