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Level 1

How do i enable taxes in case of bills created for vendors? Right now i don't see any option to select taxes when adding bills at all, why?

 
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Level 15

Re: How do i enable taxes in case of bills created for vendors? Right now i don't see any option to select taxes when adding bills at all, why?

In the US sales tax is part of cost, it is not booked separately

If you are not in the US, then check to insure tax is enabled and set correctly in settings

Level 1

Re: How do i enable taxes in case of bills created for vendors? Right now i don't see any option to select taxes when adding bills at all, why?

@Rustler  I am not sure what you mean by Sales tax? As i understand Sales is what is raised against customers. But when i add vendors and raise bills against them, that is my expenditure and not sales? 

Let me know if you were  talking about vendors and bills or did you mean customers and invoices? 

Level 15

Re: How do i enable taxes in case of bills created for vendors? Right now i don't see any option to select taxes when adding bills at all, why?

If the vendor adds sales tax to his sale, that is part of your cost.  So if something costs 9.95 plus 0.82 in sales tax, your total cost is 10.77

Level 1

Re: How do i enable taxes in case of bills created for vendors? Right now i don't see any option to select taxes when adding bills at all, why?

I think we are talking on 2 different things. While what you said is true that what a vendor adds as Sale is my cost, but what i am trying to understand is when i add a bill under the vendor, that bill is suppose to have a tax breakdown outlining how much tax goes agains a  given bill. Generally for UK version i have seen there is an explicit tax column outlining this. So are you saying that this tax is inclusive in the cost raised in the bill? If yes is there any way to see a cumulative tax against a vendor? or total tax i have to pay?

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