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Tax types

Configure sales tax and withholding tax rules for your workspace when the Accounting module is installed.

Where to find it

Finance → Tax types (requires accounting.view).

Tax type kinds

KindDirectionUsed on
Sales taxAdd on saleInvoice, credit note, quotation, estimate, and purchase order lines
WithholdingDeduct on payment inCustomer payments (tax withheld by the customer)
WithholdingDeduct on payment outExpense pay (tax you withhold from a vendor)

Each tax type has a fixed rate (%), optional authority reference (free text for your jurisdiction’s section or code), and optional GL account mapping.

Starter GL accounts

When Accounting is first used, these system accounts are seeded (or backfilled):

CodeNameRole
2100Tax PayableSales tax liability on invoices
1150Withholding Tax ReceivableCustomer withholding on payments
2150Withholding Tax PayableVendor withholding on expense pay

Map tax types to these accounts (or your own liability/asset accounts) on each tax type record.

Sales tax on billing documents

On invoice and related line editors, pick an active sales tax type or enter a manual rate. When a tax type is selected, its rate is applied automatically.

When an invoice is sent (with Accounting installed), the accrual journal splits:

  • Dr Accounts Receivable (total)
  • Cr Revenue (subtotal)
  • Cr Tax Payable (tax total)

Withholding on customer payments

On a payment, Amount is still the gross applied to AR. Withholding reduces the deposit only.

Example: $1,000 payment with 4% withholding → deposit $960, WHT receivable $40, AR credit $1,000.

Optional authority reference can be stored on the payment (copied from the tax type when blank).

Withholding on expense pay

When marking an expense paid, gross expense (amount + tax) is debited to the expense account. Cash credited is net of withholding; the withheld portion credits WHT Payable.

Counterparty defaults

  • Contacts — default withholding type for customer payments (payment in).
  • Vendors — default withholding type for expense pay (payment out).

These pre-fill payment and expense pay forms when the contact or vendor is selected.

Workspace tax profile

Settings → General (optional, for PDFs and reports):

  • Tax country — ISO 3166-1 alpha-2
  • Tax registration ID — your workspace tax identifier (printed on the invoice PDF seller header when filled; omitted when blank)

Official documentation for the EloSync SaaS Platform.