• From: Bangladesh, Dhaka
  • Registered: 08/16/2020
  • Posts: 26

Topic: I don't have tax calculated in my Purchase or Sales, what should I do?

Dear all,
As mentioned in my subject how can I stop FA to calculated tax in all my transaction.

Thanks in advance.

siddiquinoor's Website

  • Registered: 04/19/2020
  • Posts: 60

Re: I don't have tax calculated in my Purchase or Sales, what should I do?

It's depend on how you set the tax system.
You can refer to:
https://frontaccounting.com/fawiki/index.php?n=Main.TaxSystem

flpages's Website

  • From: Singapore, India, Chennai
  • Registered: 05/02/2009
  • Posts: 6,089

Re: I don't have tax calculated in my Purchase or Sales, what should I do?

You can pass all sales as Journal Entries and not depend on the sales invoicing system in FA. Likewise for purchasing / vendor invoices. In such cases, you cannot allocate payments and cannot track inventory.

apmuthu's Website

  • From: Bangladesh, Dhaka
  • Registered: 08/16/2020
  • Posts: 26

Re: I don't have tax calculated in my Purchase or Sales, what should I do?

Dear Apmuthu,
Thanks for you reply. Will it help if I modify the tax rate from 5% to 0 in the database and use FA's all features as it is?

siddiquinoor's Website

  • From: Singapore, India, Chennai
  • Registered: 05/02/2009
  • Posts: 6,089

Re: I don't have tax calculated in my Purchase or Sales, what should I do?

That will work and you will have to manually calculate and place the tax yourself in the Journal entry and apart from tracking/allocation you will also lose native tax reporting in some instances.

apmuthu's Website

6 Reply by flpages (edited by flpages 09/03/2020 03:27:15 am)

  • Registered: 04/19/2020
  • Posts: 60

Re: I don't have tax calculated in my Purchase or Sales, what should I do?

Hi, siddiquinoor, you meant your company is tax exempt and all your transactions are no tax?
if so, you can delete tax group or exclude it from tax. (Setup->Tax Groups).
and delete all the tax type (Setup->Taxes).
then tax is excluded in all your transactions.

If your company is tax registered, for example Bangladesh is 15% GST tax.
You can create GST Tax type in Setup->Taxes, but you still can do transactions like sales and purchases which is tax exempt.
FA Tax system is very flexible to accommodate nearly all tax rules.

You can refer to my video on how to setup tax system for:
Purchase with and without tax.(Supplier Tax Group)
Sales with and without tax. (Customer Tax Group)
Item with and without tax. (Item Tax Type)
https://youtu.be/OcNLxozI9Ms

flpages's Website