How to Set Up Tax for Expense

Modified on Mon, 24 Jul, 2023 at 11:04 AM

As some expense types may be subjected to tax, you can create these tax items in the Expense Settings.

 

Go to Expense > Expense Settings > Tax.

 

Click on the Add New Tax button to create a new tax item or click the Red Trash icon to delete any of the tax items.

You can choose between:

  • Automatic: the tax amount will be automatically calculated based on the % value you have set, e.g. GST at 7%   

  • Manual Input: the tax amount will need to be manually keyed in  

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