Your Guide to Setting Up Taxes in TIEIT

Overview

Got taxes on your mind? TIEIT makes it easy to set up, manage, and apply tax rates to your transactions, so you can focus on your business without the hassle of tax math! Whether you need to add tax to invoices, subscriptions, or payment forms, this guide has you covered. Just follow the steps below to add, edit, and use taxes within TIEIT to keep your financials neat and compliant.

In This Article

What Is Tax in TIEIT?

Taxes in TIEIT are designed to help you quickly apply specific rates to your transactions. With easy-to-set-up tax profiles, you can ensure all your invoices, payment forms, and subscriptions are accurate and meet your billing needs.

How to Create a New Tax Profile

Setting up a tax profile is a breeze. Here’s how to get started:

1. Head to the Transactions Module

   First, go to Transactions, click on the three dots in the main menu dropdown, and select Tax.

   

2. Add a New Tax

   On the Tax listing page, hit + Tax Rate in the top-right corner.

   

3. Fill Out the Tax Details

   In the popup, add your Tax Name and Rate. Double-check your rate to keep everything accurate.

   

4. Save Your Tax Profile

   Once done, click Save, and voilà—your tax profile is ready!

Editing Your Tax Details

Need to adjust an existing tax rate? Here’s how:

1. Open the Tax Listing

   Head to your tax profiles on the Tax listing page.

2. Select the Three Dots

   Find the tax you want to update, click the dots on the right, and choose Edit.

   

3. Update the Info

   Make your changes to the name, rate, or other details, then hit Save.

   

Using Taxes on Invoices and Forms

Once your taxes and discounts are set up, you can add them directly to invoices, subscriptions, estimates, and even donation forms. Here’s how:

• Invoices – Add taxes and discounts directly to invoices for streamlined billing.
• Subscriptions – Perfect for recurring services; apply taxes and discounts to automated subscriptions.
• Estimates – Set taxes or offer discounts on quotes or estimates sent to potential clients.
• Payments & Donation Forms – Use tax and discount options on forms to make sure your customers see all applicable charges or savings.

And that’s it! You’re all set with taxes in TIEIT. If you’d like, feel free to explore other finance options in TIEIT’s Transactions module.