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Administration - Creating and Editing Tax Rates

  • Updated

How to Create Taxes in Hippo Manager:

  1. Go to the Administration page, and select the Item Taxes widget.

  2. Click Create New Tax in the top right corner.

  3. Type the tax name in the Tax Name field. The tax name will be used to designate how different tax rates appear on the invoice and various financial reports.

  4. Once the tax has been given a name, you may add the percentage under the Percent field.

  5. Click Save Tax to save your work. 

  6. Repeat steps 2-4 until all necessary tax options are listed on the main Taxes screen.

  7. When finished, click on the Administration tab and select the Items and Services. 

  8. Click Create New Item in the upper right corner of the screen, and scroll down to the section labeled Item Pricing. Find the Taxes field and this new tax that was added in steps 2-4 above should be listed as an option to select.

How to Edit Taxes in Hippo Manager: 

  1. Go to the Administration tab, and select Item Taxes.

  2. Find the desired tax you wish to edit, and click Edit under Modify.

  3. Update the tax name in the Tax Name field. This will appear on the invoice and various financial reports. Update the percentage under the Percent field.

  4. Click Save Tax to save your work. 

  5. Repeat steps 2-4 until all desired tax options have been adjusted on the main Taxes screen.

*Important Noe: Tax updates are automatically applied to all the items and/or services where this tax is selected. 

Verifying once a tax update has taken effect:

  1. Click on the Administration tab, and select the Items and Services widget. 

  2. Within the Item Name field, type an item or service where this tax should be applied. Once you see that item or service in the table below, click Edit. Scroll to the section labeled Item Pricing, and find the Taxes field. This should display the updated tax information that was just added in steps 2-4 above.   

What areas of the system use this feature?

The Tax is recorded through the invoicing screen for items and services as they are used. This is then logged and visible on a variety of Graphical, Summary, and Detailed reports.

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