Multi-Tax system

From Kolmisoft Wiki
Jump to navigationJump to search

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