Setting Up Taxes

Taxes are compulsory contributions to the state/country revenue. Tax calculation is one of the main drivers for the required usage of accounting tools. Geer ERP enables you to create customizable tax templates that you can use for transactions involving sales or purchases.

1. Tax Accounts

Go to: to find the tax accounts you want to use in the tax templates.

Home > Accounting > Chart of Accounts

Click on edit after choosing an account. For the account, choose "Tax" as the "Account Type."

2. Sales Taxes and Charges Template

For your sales transactions like sales orders and sales invoices, the Sales Taxes and Charges Template fetched taxes. For further information, see Sales Taxes and Charges Template.

3. Purchase Taxes and Charges Template

Taxes for your sales transactions, such as Purchase Order and Purchase Invoice, were fetched by the Purchase Taxes and Charges Template. For further information, see Purchase Taxes and Charges Template.

4. Item Tax Template

An item or an item group are the only things to which the tax established in the item tax template applies. In place of the Sales/Purchase Tax Template, it is given preference. For further information, see Item Tax Template.

5. Tax Category

Based on the customer or supplier you've selected, tax category aids in applying sales/purchase tax templates automatically to your transactions. Learn more by reading Tax Category.