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What is the Tax Hierarchy?

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Platform:

  • Unleashed on Browser

Answer: 

 The taxes in Unleashed are applied based on a tax hierarchy explained below:

Product Tax Rate - This will over-ride every other tax rate on an invoice regardless of customer/supplier or the header tax rate
Customer / Supplier Tax Rate - The header tax rate will default to this when you create an sales or purchase order. Please note that the product tax rate will still override this but you can change it in the header
Default Tax Rate - This is what the header rate will default to if you do not have a tax rate set up on the customer/supplier or product. You can also change this using the drop-down.
You could remove the default tax rate allocated to the products, this will, in turn, allow you to use options 2 or 3, which you can choose as your business need be.

 

Additional Info: 

If you have a B2B portal set up, it will use the same hierarchy towards those sales orders processed. 

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