ADDING & MANAGING TAXES
In Oolio, we have created the ' GST Tax ' & a ' Tax Free ' option,
but depending on your Business Type, you might need more:
Learn how to Add new Taxes Types & Manage those Taxes
In This Article:
Adding A Tax
In your Back Office => Settings => Taxes:
2. Next, on the “Taxes” screen, hit the “Create” button under the "Taxes" section to begin adding a new tax.
3. On the “Add A New Tax” form, key in values for the following fields:
Tax Name: The name of the tax
Tax code: The tax’s abbreviation
Tax Rate: The percentage of the tax
4. After that, click on the “Create Tax” button to finish creating the new tax. Otherwise, click on the “X” button to exit the form.
Removing A Tax
To remove a tax, simply click on the “Remove Tax” button of the task you want to be deleted from the list.
⚠️ If the ' Trash Icon ' is grey: you won't be able to remove that Tax Option
After you have finished creating or editing a tax, click on the “Save” button to confirm all changes.
Adding A Tax Group
In your Back Office => Settings => Taxes:
2. Next, on the “Taxes” screen, click on the “Taxes” tab, then hit the “Create” button under the “Tax Group” section to begin adding a new tax group.
On the “Add Tax Group” form, key in values for the following fields:
Group Name: The name of the tax group
Group Tax code: The tax group’s abbreviation
Select Taxes: click on this field and select your desired taxes from the list
Group Taxes Rate: The total amount of percentage of all taxes belonging to the group
After that, click on the “Add Tax Group” button to finish creating the new tax. Otherwise, click on the “X” button to exit the form.
Removing A Tax Group
To remove a tax group, simply click on the “Remove Tax Group” button of the task you want to be deleted from the list.
After you have finished creating or editing a tax group, click on the “Save” button to confirm all changes.
Adding Taxes to your Products
a. To a Single Product:
Now that your Taxes are created / updated: it's time to apply them directly to your Products
In your Back Office => Products => Products => Select a Category or Search for a Product
Edit that Product using the ' Pen Icon '
3. Under the ' Pricing ' section: You can now change the ' Cost Tax ' & ' Selling Tax ' to your preferred one => SAVE
4. ⚠️ If you untick: ' Included Tax In Display Price ' your Taxes will be added to your Products instead of including it,
For example:
INCLUDED: ' Banana Bread ' = $10 ( Incl. 10% GST: $ 0.91 )
EXCLUDED: ' Banana Bread ' = $11 ( Adds the 10% GST: $ 1 )
b. To Bulk Products:
To Learn how to ' Bulk Assign ' see article:
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