- Learn how to process invoices with a non-standard tax rate in Ocerra.
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:
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":