Multi-Tax system

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This functionality is available from MOR 8

All prices and rates in MOR are without TAXES. That's a rule. Each user has TAX percent. By this TAX percent he gets charged when he makes payments or views his rates.

Multi-Tax system allows to have several taxes in final reports for users.



Compound Tax and Simple Tax

Lets say we have such taxes: T1, T2, T3 and T4. And some amount without tax X.

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

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

then if Compound tax is disabled then:

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



Example for Compound/Simple tax calculation

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 * 1.15 = 5.41443
Amount with Compound tax = 5.41443


Calculating when Compound tax is disabled:

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 * 1.33 = 5.3067
Amount with Simple tax = 5.3067




Example for Canada

As example we can take Canada which has GST and PST taxes which should be shown on Invoices/Reports/etc.

Multitax1.png


Taxes are applied to all newly created Users:

Multitax2.png


and Calling Cards:

Multitax3.png


If you changed taxes you can assign this to all Users/Calling Cards by pressing buttons bellow:

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