The Tax Payment Report summarizes tax transactions at different %age of rate, covering the transactions linked to invoices. It details the amount excluding tax, the tax amount and the amount including tax. Export options (Excel/PDF) enhance usability.
User can be benefited with the tax payment report in respect of the following,
Ensures tax compliance with accurate calculations.
Provides financial transparency by separating taxable and total amounts.
Simplifies audits and invoice tracking.
Facilitates reporting and analysis through exportable formats.
Here is a reference video:
Steps to check the Tax report
Click on Reports from left menu
Select All reports
Click on Tax Payment Report tab
To search the through filter, click on the search at the right side. Select the invoice date range or tax rate name to search it more specific.
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