Using non-standard tax rate : Support Portal

Calculating a non-standard tax rate Print

Created by: Irina Kavchik

Modified on: Mon, 25 Jan, 2021 at 4:01 PM

Overview

If you have to apply a different tax rate on the invoice and re-calculate existing Net and Tax values, Ocerra can do it for you.

Open an invoice that needs a different Tax Rate.
Click on the icon next to the GST and select a required tax rate available from your list:

For example:

Ocerra will use the formula: GST = Total - Total / (1 + GST Rate) and will re-calculate Net and Tax values on the header level and line level.

Important: if you have more than one line on the invoice, this calculation will summarize it into one line.

This is how it will look after you click "Ok" - ignore the "Annotate" button and click "Save":

Irina is the author of this solution article.

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