Tax Group

In POS, we can apply a Tax on any product only in groups. We need to create a group of single or multiple Tax Accounts, so that individual Tax Accounts can then be applied to the Product. Eg: 5% GST is never applied as 5% GST but is always applied as a group of 2 Taxes viz CGST @ 2.5% and SGST @ 2.5%.

Field Name Description
Tax Group Name Tax Group Name helps us to define a name for the Tax Group
Tax Group Short Name Tax Group Short Name helps us to define a Short Name for the Tax Group
Select Tax Tax Drop-Down helps us to select a Tax Account which will be a part of the particular Tax Group
Tax Percentage Tax Percentage defines the Percentage of the Tax Account that will be applied to the Product
Priority Priority field is disabled and generally is used to define an order in which the Taxes will be applied to a particular Product
Apply on Base Only
Remark Remarks field is used for mentioning any Remakr for the Tax Group

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