Difference between revisions of "Multi-Tax system"
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=Description= | |||
All | 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]]. | |||
Multi-Tax | There is two types of Multi-Tax usage: | ||
<br><br> | |||
=== 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% | |||
Taxes | '''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): | |||
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''' | |||
<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: | |||
* 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 | 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:
and Calling Cards:
If you change taxes, you can assign this to all Users/Calling Cards/Vouchers by pressing the buttons below:
Apply to all Users- Apply to all Calling Cards
- Apply to all Vouchers
