This article will show you how to create a new tax bracket, and apply them to services and/or products.
In this Article
Creating a New Tax Rate
Go to Manager > Settings > Financials > Tax Brackets
This screen is divided into two sections: Service Tax at the top of the screen, and Product Tax at the bottom. Click Add in the section where you wish to create a new tax rate, then give your new tax rate a name and an amount.
The new Tax rate is now created.
Applying the Tax Rate to Services
Go to Manager > Services > Search for and click on the name of the service > Advanced, then apply the new tax rate and click Save.
Not Seeing the Advanced Option?
If you have multiple locations in Phorest, tax rates are applied to services once per each individual location. You'll need to click on the Branches tab, then the name of a location, before going to the Advanced section to apply the tax rate.
Applying the Tax Rate to Products
Go to Manager > Inventory/Stock > Double-click a product to edit it > Check the box beside the new tax rate > Save.
Bulk Applying a Tax Rate
If you need to bulk apply this new tax rate, check out this guide to find out how.