iotoms Docs

Managing Taxes and Discounts

  1. On the Attributes page, switch to the Taxes or Discounts tab.
  2. Taxes: click Add Tax, give it a name (e.g. "GST 6%"), and set Tax Rate 1 and, if needed, Tax Rate 2 (a secondary compound rate). Rates are entered as plain percentages (e.g. 8.25 for 8.25%). Assign a tax to an item from the item's Pricing panel.
  3. Discounts: click Add Discount, give it a name, a Discount Type (0 = percentage off, 1 = fixed amount off), and a Rate. Assign a discount to an item from the item's Pricing panel.

Attributes screen with the Taxes tab open

Continue to Managing Units of Measure.