Taxes

Invoxi makes it really easy to manage taxes. You can add multiple taxes on Total Invoice Amount or on Per-Item basis.

To get started with taxes, you just need to add a new Tax Type with name of Tax & Percentage on the Others -> Tax Types page. After adding a Tax Type, you can apply the newly added tax to an Invoice.

Tax Types

Tax on Total Invoice Amount

By default, Taxes are added on Total Invoice Amount. But you can update that setting anytime on Settings -> Tax Types page by clicking on the Tax Per Item toggle button.

What is a Tax Type?

Tax Types basically define the Percentage of tax that can be applied to an Invoice or Estimate. You can add or remove Tax Types from Settings -> Tax Types page.

Note that you cannot remove a Tax Type which has already been applied to an invoice or estimate.

#Tax Type Fields:

• Name: Name of the Tax (for example: GST , VAT or PST)

• Percentage: Percentage of tax to be applied.

• Description(optional): Percentage of tax to be applied.

• Compound Tax: Specifies whether a tax is a Compound Tax or not.