When the ‘Standard’ option is selected for ‘Tax Calculation Type’ in Inogic Settings, tax is calculated depending upon the tax schedules added in the setting or on the Product, Customer or on Product lines.
Following fields need to be filled for Standard type of tax calculation.
Tax Calculation Country: This field is an option set with the following values
USA: If USA is selected then tax calculation is done depending upon the tax schedule set on the customer. This is the Default value.
Other: If Other is selected then tax calculation is done depending upon the tax schedule set on the product.
If Tax Calculation Country is set to USA then below fields will be visible:
Product Is taxable: This is a 2 optionset field.
No: Here, tax will not be applicable on the value of products. There will be no tax calculated on the value of products.
Yes: Here, tax will be applicable on the value of products. Tax will be calculated as per the rate defined in the Tax Schedule mentioned on the Customer.
Write-In Product Is Taxable: Here we can define whether the Write-in Product is taxable or not.
If Tax Calculation Country is set to Other then the below fields will be visible:
Default Tax schedule for products: This tax schedule will be set on the newly created product by default. It can be changed as per requirement.
Default Tax schedule for Write-in products: This tax schedule will be set on the write-in products.
A tab named ‘Tax Processing’ is added to the Product, Account, Contact and on Product lines form. If product already exists in the CRM before the installation of Auto Tax Calculator then user needs to manually add the Tax Schedule or Is Taxable field. Also for customers the Tax schedules need to be set. The fields in ‘Tax Processing’ tab for the newly generated records will be already populated on the basis of default values set in the Inogic Settings.