• Registered: 10/21/2011
  • Posts: 3

Topic: Item Tax

I want to be able to enter sales and purchase items which calculate and show tax on an item by item basis. I have set up taxes, tax groups and item tax types. Yet neither the sales nor the purchase invoices are calculating or showing tax. I am clearly missing something in the set up. Can anyone advise? I have reinstalled the software twice now in case there was an issue there. Thanks.

  • Registered: 12/25/2007
  • Posts: 2,448

Re: Item Tax

The tax system  basics was described many times here. Also there is a couple of example chart of accounts in FA repository with various tax systems set. You can install one of them on separate comapny and check how the tax system is set up. Tax system in FA is flexible, but may seems complex at start.
Janusz

  • Registered: 10/21/2011
  • Posts: 3

Re: Item Tax

Thanks. I'm clearly still doing somerhing wrong but will check out further as you suggest.