Tax Settings control how your organization calculates, tracks, and displays tax on checks and receipts — including rounding behavior, whether inclusive taxes compound, and how taxes are tracked on complimentary items. These settings apply across the entire organization by default, but can be overridden for individual locations that need different tax handling.
To Adjust the Tax Settings on an Organizational Level:
1. Navigate to Settings > Taxes in the Bridge and select Tax Settings
2. From the Organization tab, choose the following options:
A. Tick or untick the Track Taxes on Comps box to decide whether taxes on complimentary food items should be recorded or not
B. Choose the Rounding Method for your organization from the drop-down menu:
HalfEven: This mode rounds numbers to the nearest whole number. If the number is exactly halfway between two possibilities, it rounds to an even number. This is the default if not otherwise specified.
HalfUp: This mode rounds numbers to the nearest whole number, rounding up when the number is exactly halfway between two possibilities. It rounds up for fractions of 0.5 or greater and down for fractions less than 0.5.
Up: This mode always rounds up, increasing the last significant digit if there's any fraction remaining. The overall value does not decrease with this mode.
Down: This mode always rounds down, decreasing the last significant digit if there's any fraction remaining. The overall value does not increase with this mode.
C. Choose the Tax Tracking method for your organization from the drop-down menu:
Compounded: If a check includes tax-inclusive items, any additional applicable taxes will apply to the full price of the inclusive item, including its inherent tax. This is the default setting if not specified.
Non-compounded: If a check includes tax-inclusive items, the price of the tax-inclusive items will be reduced by the included tax amount prior to calculation of additional applicable taxes.
D. Choose the organization's Receipt Option from the drop-down menu to either show itemized taxes or combined:
Itemized: Each tax is separately listed as a distinct line item on the receipt. This is the default setting if not specified.
Combined: All taxes are merged into one line item, usually labeled as "Tax"
E. If you selected Combined above, enter a Combined Receipt Name to display this tax label on the customer receipt
3. Click Save to save your changes
To Set a Tax Settings Override for a Location:
Location Overrides let you apply different tax settings to a specific location than what's configured for the organization. Any location without an override uses the organization-level settings.
1. Navigate to Settings > Taxes in the Bridge, select Tax Settings, and select the Location Overrides tab
2. Use the search bar to find a specific location, or find it in the list of existing overrides at the bottom of the panel
3. Configure the settings for the location
A. Select the Location this override applies to from the drop-down menu
B. Tick or untick Track Taxes on Comps to decide whether taxes on complimentary food items should be recorded for this location
C. Choose the Rounding Method for this location (same options as the Organization tab, above)
D. Choose the Tax Tracking method for this location (same options as the Organization tab, above)
E. Choose the Receipt Option for this location (same options as the Organization tab, above)
F. If you selected Combined above, enter a Combined Receipt Name for this location
4. Click Save to save the location override
Important Note: According to your agreement with Salido, you recognize and accept that Salido is not responsible for determining if taxes apply to your business or transactions. Additionally, Salido is not obligated to calculate, collect, or report any taxes for any transactions or payments to any tax authority.
Comments
0 comments
Please sign in to leave a comment.