Except for VAT/GST Taxes and withholding taxes, we enable our users to create custom taxes.
Unlike the creation of the other types of taxes, simple taxes are subjected to further alterations.
To add a VAT tax, from the main menu select “Settings” → “Taxes” → “Add, and then fill out the next fields:
1. Title
The title is related to the name of this tax and affects how the tax will appear on invoices and other sections of the application.
In case you want to save a title in a foreign language, you should click the “Translations” button. Elorus will recognize the language of the document based on the template used and it will generate automatically the right translation for the tax.
2. Tax type
It determines whether this tax is a simple tax, a VAT/GST tax or a withholding tax.
In this case, if your tax is just a Simple tax, you select neither “VAT” nor “Withholding tax”.
3. Tax value as
In this field, you select whether your tax rate is a percentage or a fixed amount.
a) Tax percentage
In this field, you choose the sign of your tax and you define the tax rate.
* Subjected to VAT
By clicking on this option, VAT will be applied on top of this tax, when invoicing.
b) Tax amount
* Depends on quantity
By clicking on this option, the total tax rate is applied on the fixed amount of the product multiplied by the invoice line's quantity.
In the screenshot below, there is an example of a simple VAT, with percentage value, which is subjected to VAT.
In the second example, a simple tax with a fixed value, which depends on the quantity of the product, is projected.