2019-2Q: SIMPLer: Franchise Tax (On Top of Invoice)
A new feature has been added to enhance tax functionality. It allows for an operator to create so called "Franchise Fee/Tax" which is calculated based on the total amount of the invoice
A new feature has been added to enhance tax functionality. It allows for an operator to create so called "Franchise Fee/Tax" which is calculated based on the total amount of the invoice
To make use of this feature:
1. Under Settings -> Tax Zones define the "Franchise Description" and "Franchise Tax Rate"
Fig. 1. Definition of Franchise Description/Rate
2. When generating an invoice for a customer who belongs to the TAX zone (note: it should also pick it up if using autotax feature) with Franchise Rate defined it will calculate and add the position to the invoice as shown on the example below:
Fig 2 Franchise Fee displayed
Fig 3 Franchise Fee as invoice position
Published Date: [20190605]
Change History Log:
[pawel 20190605] published
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