Keeping your tax rates updated is crucial for accurate billing and compliance. Here’s how you can add a new tax rate in Tracktile, ensuring your financial operations run smoothly and efficiently.

🛠️ Step-by-Step Guide to Tax Configuration

Step 1: Navigate to Tax Rates

• Go to Facility Settings and click on Tax Rates.

  

Step 2: Start Adding a Tax Rate

• Press Add Tax Rate to bring up the tax rate form.

  

Step 3: Input Tax Details

• Enter the essential information for the tax rate:
  • Name of the tax rate (e.g., VAT, GST)
  • % Rate (percentage rate of the tax)

Step 4: Save the Tax Rate

• Once you’ve filled in the name and the rate, click Save to add the tax rate to your system.

🎉 Success! You've just added a new tax rate. This rate can now be applied to transactions, ensuring accurate and compliant financial operations.