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This article describes how to manage the Tax Rate Master.




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titleAdd Tax Rate

Prerequisites

  1. The users' role must have access to the Tax Rate feature by enabling Add app operation for the feature in Admin - Security - User - Role through Inventory - Product Definition - Tax Rates.
  2. Tax Group and Tax Region must be created.
  3. Form must be created.

Step-by-step guide

The process is divided in the following steps:

  1. Go to Ginesys Web> Inventory > Product Definition > Tax Definition > Tax Rates.
  2. Tax Rate module will open.
  3. Click on Add button.
  4. Add: Tax Rate Details window will open.

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     5. You will get four section in the Tax Rate main form - Header Information, Tax Information, Ledger Information and Slab Information.

     6. Header Information :

                a. Select the Tax Group (Mandatory Field) for which you want to create the Tax Rate.

                b. Select a Tax Region (Mandatory Field) which is already created.

                c. Select Trade Group Name (Mandatory Field) and Form Name (Mandatory Field) from the drop-down list.

     7. Tax Information :

                a. Put in Tax Name (Mandatory Field).

                b. Select Effective Date (Mandatory Field). You can give Effective Date as present or past date.

               


To go back to the main page click on How To: Define Taxes in Inventory