Edit or add new taxes and tax groups.

Add a new tax

  1. Click on plus button on mobile or “New tax” on web.
  2. Add tax name and rate.
  3. Mark the checkbox if it’s a sales tax.
  4. If you have a tax ID number and currency you can add this here.
  5. Press Save.
  6. To set your default tax rate, mark a tax rate with the star.

Add a new Tax group

  1. Click on the “Tax Groups” tab at the top of the screen.
  2. Click on plus button on mobile or “New tax” on web.
  3. Add tax group name. 
  4. Select “Tax type” (simple or compound) and choose taxes.
  5. The group tax rate field will automatically update with the total rate for the group.
  6. Press “Save”, this will then appear in the Group Tax list.
  7. To set your default tax rate, mark a tax rate with the star. Note: you can’t have two default tax rates one in Single taxes and the other in Tax groups lists. The latest marked tax rate is the default one.

Delete a tax or tax group

  1. Simply swipe left on mobile or click on the bin icon to delete.

Add new Tax ID/VAT Number

  1. Click on plus button on mobile or “New tax” on web.
  2. Add new Tax ID/VAT number and currency.
  3. To set your default Tax ID/VAT number, mark that Tax ID/VAT number with the star.

Once your accounting settings are complete, press save at the top right corner or on desktop click anywhere in the app to exit and save settings.

A new Tax ID/VAT number is required only for businesses who have more than one tax agency to report sales tax (VAT, HST etc.). For the rest you need to edit the existing Tax/VAT number in case you are required by regulation to show it on your documentation.

If you would like to change your taxes in different invoices, quotes or items, click on the settings icon within the invoice or quote, or change the tax directly in the item.

By setting your default taxes Fiskl will then always calculate your expense taxes automatically when needed.

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