Tax/VAT - Revision history

SarahK at 17:31, 30 May 2022

2022-05-30T17:31:35Z

2020-06-30T13:51:08Z

Redirected page to Tax Configuration

2019-05-20T06:03:09Z

2018-06-19T20:04:04Z

2018-03-09T18:50:10Z

‎Tax Calculation Method

2018-03-09T18:48:19Z

‎Tax Calculation Method

2018-03-09T17:02:55Z

‎Tax Calculation Method

2018-03-08T17:19:28Z

‎Per Line Item

2018-03-08T17:18:21Z

‎Sum of Taxable Line Items

2018-03-08T17:11:27Z

‎Tax Calculation Method

← Older revision		Revision as of 17:31, 30 May 2022
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	The ''Tax Calculation Method'' setting determines how taxes are calculated.		The ''Tax Calculation Method'' setting determines how taxes are calculated.
−
−	~~[[File:Tax calc method.png\|500px]]~~

	The two possible values for this setting are as follows:		The two possible values for this setting are as follows:

← Older revision		Revision as of 13:51, 30 June 2020
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		+	#REDIRECT [[Tax Configuration]]
	<div class="docs-alert-info"><i class="fa fa-question-circle"></i> This page describes features available in version 7.6 and below. For version 7.7 and above [[Tax Configuration\|click here]]</div>		<div class="docs-alert-info"><i class="fa fa-question-circle"></i> This page describes features available in version 7.6 and below. For version 7.7 and above [[Tax Configuration\|click here]]</div>
	==Setting up Tax Rules==		==Setting up Tax Rules==

← Older revision		Revision as of 06:03, 20 May 2019
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		+	<div class="docs-alert-info"><i class="fa fa-question-circle"></i> This page describes features available in version 7.6 and below. For version 7.7 and above [[Tax Configuration\|click here]]</div>
	==Setting up Tax Rules==		==Setting up Tax Rules==
	In order to charge tax, you must first enable Tax charges in WHMCS. To do this, go to '''Setup > Payments > Tax Rules''' and then tick the checkbox at the top of the page labelled Tax Enabled and click Save Changes. Tax is now enabled in WHMCS. Now, you can proceed to setup your tax zones. This is done as follows:		In order to charge tax, you must first enable Tax charges in WHMCS. To do this, go to '''Setup > Payments > Tax Rules''' and then tick the checkbox at the top of the page labelled Tax Enabled and click Save Changes. Tax is now enabled in WHMCS. Now, you can proceed to setup your tax zones. This is done as follows:

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 * '''Calculate individually per line item''' - Selecting this option will calculate taxes on a per line item basis.  When selected, tax will be calculated for each line item, rounded to 2 decimal places, and the total tax calculated by taking the sum of the tax calculation for each individual line item.<div class="docs-alert-info">''Example Tax Calculation for 4 Line Items of $1 each'': (1.00 x 20%) + (1.00 x 20%) + (1.00 x 20%) + (1.00 x 20%) = 0.80</div>
 * '''Calculate based on collective sum of the taxable line items''' - Selecting this option will calculate taxes using the sum of the line items that are set as taxable on an invoice.  When selected, the individual line items marked as taxable will be totalled, and tax calculated based on the sum total of those taxable line items.<div class="docs-alert-info">''Example Tax Calculation for 4 Line Items of $1 each'': (4.00 x 20%) = 0.80</div>
 ==Setting Taxed Items==

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 [[File:Tax calc method.png|500px]]
-* ***Calculate individually per line item*** - Selecting this option will calculate taxes on a per line item basis.  When selected, tax will be calculated for each line item, rounded to 2 decimal places, and the total tax calculated by taking the sum of the tax calculation for each individual line item.<div class="docs-alert-info">''Example Tax Calculation for 4 Line Items of $1 each'': (1.00 x 20%) + (1.00 x 20%) + (1.00 x 20%) + (1.00 x 20%) = 0.80</div>
+The two possible values for this setting are as follows:
-* ***Calculate based on collective sum of the taxable line items*** - Selecting this option will calculate taxes using the sum of the line items that are set as taxable on an invoice.  When selected, the individual line items marked as taxable will be totalled, and tax calculated based on the sum total of those taxable line items.<div class="docs-alert-info">''Example Tax Calculation for 4 Line Items of $1 each'': (4.00 x 20%) = 0.80</div>
 ==Setting Taxed Items==

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 <div class="docs-alert-info"><i class="fa fa-question-circle"></i> This page describes a feature available in version 7.5 and above</div>
-The Tax Calculation Method setting determines how taxable invoice items will have the order's tax calculated.  The options are '''Per Line Item''' or '''Sum of Taxable Line Items''':
+The ''Tax Calculation Method'' setting determines how taxes are calculated.
 [[File:Tax calc method.png|500px]]
-===Per Line Item===
+* ***Calculate individually per line item*** - Selecting this option will calculate taxes on a per line item basis.  When selected, tax will be calculated for each line item, rounded to 2 decimal places, and the total tax calculated by taking the sum of the tax calculation for each individual line item.<div class="docs-alert-info">''Example Tax Calculation for 4 Line Items of $1 each'': (1.00 x 20%) + (1.00 x 20%) + (1.00 x 20%) + (1.00 x 20%) = 0.80</div>
+* ***Calculate based on collective sum of the taxable line items*** - Selecting this option will calculate taxes using the sum of the line items that are set as taxable on an invoice.  When selected, the individual line items marked as taxable will be totalled, and tax calculated based on the sum total of those taxable line items.<div class="docs-alert-info">''Example Tax Calculation for 4 Line Items of $1 each'': (4.00 x 20%) = 0.80</div>
 ==Setting Taxed Items==

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 ===Per Line Item===
-By selecting this option, tax will calculate on each individual line item in an invoice.  For example, if there are 4 line items for 1.00 and tax set to 20%, each 1.00 item will have 20% tax calculated against it.  The total will then reflect these calculated amounts for the client to pay.
+By selecting this option, tax will calculate on each individual line item in an invoice.  For example, if there are 4 line items for 1.00 and tax set to 20%, each 1.00 item will have 20% tax calculated against it (in this example .20 each).  The total of the taxes for each line item will be shown for the client to pay.
 ===Sum of Taxable Line Items===

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 ===Sum of Taxable Line Items===
-Selecting this option will calculate tax based on the subtotal of each line item that is taxable.  For example, if you have 4 line items for 1.00 and tax set to 20%, each line item will be sumed together and then tax will be calculated against this.  The total will the reflect this calculated amount for the client to pay.
+Selecting this option will calculate tax based on the subtotal of each line item that is taxable.  For example, if you have 4 line items for 1.00 and tax set to 20%, each line item will be sumed together (for a total of 4.00) and then tax will be calculated against the subtotal.  The total will the reflect this calculated amount for the client to pay.
 ==Setting Taxed Items==

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 ==Tax Calculation Method==
-<div class="docs-alert-info">
+<div class="docs-alert-info"><i class="fa fa-question-circle"></i> This page describes a feature available in version 7.5 and above</div>
 The '''Tax Calculation Method''' setting determines how taxable invoice items will have the order's tax calculated.  The options are '''Per Line Item''' or '''Sum of Taxable Line Items''':