Create a Dependent Tax

Create a Dependent Tax

Tax depending on other taxes is called Dependent Taxes. To create a dependent tax, follow the steps below:

1. Choose the Branch by choosing from the drop-down.





2. Click Masters->Taxes from the main menu. 





3. Choose + New Tax link from the available links. 





4. Add the necessary fields in the form. Name and the Tax rate % are the mandatory fields. 





5. Select the checkboxes if the tax is dependent on any other taxes. Choose the dependent tax from the drop-down box.

Note: Make sure to add the dependant tax earlier itself. 





6. Finally, click the Save button.