Difference between revisions of "Multi-Tax system"

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''This functionality is available from [[MOR v0.8 documentation | MOR 0.8]]''
=Description=


All prices and rates in MOR are without TAXES. That's a rule. Each user has TAX percent. By this TAX percent he gets
MOR allows you to set several TAXes for [[Users]], [[Calling Card Groups]] and [[Vouchers]]. '''All Prices and Rates in MOR are without TAXes.''' That's a rule.  
charged when he makes payments or views his rates.
* Each User has a TAX percent. The User is charged by this TAX percent when he makes Payments or views his Rates.
* Each Calling Card Group has a TAX percent it is applied for each Card of concrete Card Group when Card is Sold.
* Each Voucher has a TAX percent it is applied for each Voucher when it is used.
The Multi-Tax system provides for several TAXes in the final reports for Users, for example - [[Invoices]].


Multi-Tax system allows to have several taxes in final reports for users.
There is two types of Multi-Tax usage:
<br><br>
=== Compound Tax ===


As example we can take Canada which has GST and PST taxes which should be shown on Invoices/Reports/etc.
Let's say we have taxes T1, T2, T3 and T4. And some amount without tax, X.


[[Image:multitax1.png]]
When '''Compound tax''' is checked, multiple taxes are calculated in following way:


Amount with Compound Taxes = (((X + T1%) + T2%) + T3%) + T4%


Taxes are applied to all newly created Users:
'''Example'''
 
We have initial data:
 
SUBTOTAL 3.99
TAX1: 18%
TAX2: 15%
 
Calculating when '''Compound tax''' is enabled:
 
Amount with Compound tax = (SUBTOTAL + TAX1) + TAX2
 
in digits:
 
(SUBTOTAL + TAX1) = 3.99 + 18% = 3.99 + 3.99 / 100 * 18 = 3.99 * 1.18 = 4.7082
 
(SUBTOTAL + TAX1) + TAX2 = 4.7082 + 15% = 4.7082 + 4.7082 / 100 * 15 = 4.7082 + 0.70623 = 4.7082 * 1.15 = 5.41443
 
'''Amount with Compound tax = 5.41443'''
<br><br>
=== Simple Tax ===
 
Let's say we have taxes T1, T2, T3 and T4. And some amount without tax, X.
 
If '''Compound tax''' is disabled, then:
 
Amount with Simple Taxes = X + (T1% + T2% + T3% + T4%)
 
'''Example'''
 
We have initial data:
 
SUBTOTAL 3.99
TAX1: 18%
TAX2: 15%
 
Calculating when '''Compound tax''' is disabled (Simple tax):


[[Image:multitax2.png]]
Amount with Simple tax = SUBTOTAL + (TAX1 + TAX2)


in digits:


and Calling Cards:
SUBTOTAL + (TAX1 + TAX2) = 3.99 + (18% + 15%) = 3.99 + 33% = 3.99 + 3.99 / 100 * 33 = 3.99 + 1.3167 = 3.99 * 1.33 = 5.3067


[[Image:multitax3.png]]
'''Amount with Simple tax = 5.3067'''
<br><br>
= Example for Canada =


As an example we can take Canada, which has GST and PST taxes that should be shown on invoices, reports, and so on:


Then in invoice it is possible to see configured taxes:


[[Image:multitax4.png]]
* Open '''SETTINGS –> Setup –> Settings –> Tax'''
* Enter '''Total Tax name''' (i.e. Tax)
* Check '''Compound tax'''
* Enter '''Tax 1''' name (i.e. GST) and value (i.e. 5.0%)
* Check '''Active?''' near '''Tax 2'''
* Enter '''Tax2''' name (i.e. PST) and value (i.e. 7.0%)
* Click '''Save changes'''




If you changed taxes you can assign this to all Users/Calling Cards by pressing buttons bellow:
Taxes are applied to all newly created Users:
<br><br>
[[Image:multitax2.png]]
<br><br>
and Calling Cards:
<br><br>
[[Image:multitax3.png]]
<br><br>
If you change taxes, you can assign this to all Users/Calling Cards/Vouchers by pressing the buttons below:


* '''Apply to all Users'''
* [[Image:icon_check.png]] '''Apply to all Users'''
* '''Apply to all Calling Cards'''
* [[Image:icon_check.png]] '''Apply to all Calling Cards'''
* [[Image:icon_check.png]] '''Apply to all Vouchers'''

Latest revision as of 13:22, 13 September 2013

Description

MOR allows you to set several TAXes for Users, Calling Card Groups and Vouchers. All Prices and Rates in MOR are without TAXes. That's a rule.

  • Each User has a TAX percent. The User is charged by this TAX percent when he makes Payments or views his Rates.
  • Each Calling Card Group has a TAX percent it is applied for each Card of concrete Card Group when Card is Sold.
  • Each Voucher has a TAX percent it is applied for each Voucher when it is used.

The Multi-Tax system provides for several TAXes in the final reports for Users, for example - Invoices.

There is two types of Multi-Tax usage:

Compound Tax

Let's say we have taxes T1, T2, T3 and T4. And some amount without tax, X.

When Compound tax is checked, multiple taxes are calculated in following way:

Amount with Compound Taxes = (((X + T1%) + T2%) + T3%) + T4%

Example

We have initial data:

SUBTOTAL 3.99
TAX1: 18%
TAX2: 15%

Calculating when Compound tax is enabled:

Amount with Compound tax = (SUBTOTAL + TAX1) + TAX2

in digits:

(SUBTOTAL + TAX1) = 3.99 + 18% = 3.99 + 3.99 / 100 * 18 = 3.99 * 1.18 = 4.7082
(SUBTOTAL + TAX1) + TAX2 = 4.7082 + 15% = 4.7082 + 4.7082 / 100 * 15 = 4.7082 + 0.70623 = 4.7082 * 1.15 = 5.41443
Amount with Compound tax = 5.41443



Simple Tax

Let's say we have taxes T1, T2, T3 and T4. And some amount without tax, X.

If Compound tax is disabled, then:

Amount with Simple Taxes = X + (T1% + T2% + T3% + T4%)

Example

We have initial data:

SUBTOTAL 3.99
TAX1: 18%
TAX2: 15%

Calculating when Compound tax is disabled (Simple tax):

Amount with Simple tax = SUBTOTAL + (TAX1 + TAX2)

in digits:

SUBTOTAL + (TAX1 + TAX2) = 3.99 + (18% + 15%) = 3.99 + 33% = 3.99 + 3.99 / 100 * 33 = 3.99 + 1.3167 = 3.99 * 1.33 = 5.3067
Amount with Simple tax = 5.3067



Example for Canada

As an example we can take Canada, which has GST and PST taxes that should be shown on invoices, reports, and so on:


  • Open SETTINGS –> Setup –> Settings –> Tax
  • Enter Total Tax name (i.e. Tax)
  • Check Compound tax
  • Enter Tax 1 name (i.e. GST) and value (i.e. 5.0%)
  • Check Active? near Tax 2
  • Enter Tax2 name (i.e. PST) and value (i.e. 7.0%)
  • Click Save changes


Taxes are applied to all newly created Users:

Multitax2.png

and Calling Cards:

Multitax3.png

If you change taxes, you can assign this to all Users/Calling Cards/Vouchers by pressing the buttons below:

  • Icon check.png Apply to all Users
  • Icon check.png Apply to all Calling Cards
  • Icon check.png Apply to all Vouchers