Wikiadmin: Created page with "Not all the products and services have the same tax rate.
There are tax exempt products and there are products or services to which a higher tax rate applied just because..."

2021-11-17T14:41:52Z

Created page with "Not all the products and services have the same tax rate.<br> There are tax exempt products and there are products or services to which a higher tax rate applied just because..."

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Not all the products and services have the same tax rate.<br>
There are tax exempt products and there are products or services to which a higher tax rate applied just because the type of product or service.

Tax categories allow to group similar tax rates by having into account that:
* the same tax category can be assigned to more than one product or service, by having into account that it is recommened to split the tax categories by item type.
* every product and service must be linked to one tax category same as each tax rate<br>therefore when that product or service is entered in an invoice only the tax rate/s which belongs to that tax category will be used to get the applicable tax rate.
* there are other variables which can reduce up to just "one" the correct tax rate to use while entering a product and a business partner in an invoice.<br>Those variables are related to the [[Business_Partner_Tax_Category|business partner tax category]] as well as the way each [[Tax_Rate|tax rate]] is configured.

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Wikiadmin: Created page with "Not all the products and services have the same tax rate. There are tax exempt products and there are products or services to which a higher tax rate applied just because..."

Wikiadmin: Created page with "Not all the products and services have the same tax rate.
There are tax exempt products and there are products or services to which a higher tax rate applied just because..."