As a VAT registered business owner in PH, you can set up the required tax using Deskera Books
Fig 1: View and Add tax
Under setting, click on Tax to view tax setup and also add new tax rates in the system
Below window will pop up,
Fig 2: View, add PH Tax setup
- You can view the tax set up details which are default tax setup in the system.
For adding the new tax rates click on the ‘+Add Tax’ button located in the top right side of the screen, and you need to fill in below details,
Fig 3: Add new tax details
- Name- Tax Name
- Description: Tax Description
- Percent: Tax Percentage
- Tax code: Tax code number
- Type- Select Tax type from drop down menu ( Purchase, Sales, Both)
Lastly click in Save Button to add new tax details in the system.
Congratulations! You have successfully learned how to view, add taxes using Deskera Books.
In the next article: Learn Philippines Tax: Tax Exemption from VAT