The Tax Settings function enables customization of tax rules to be applied to your checks. The settings can be applied across the organization.
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:
Inclusive: If a bill includes tax-exclusive items and a tax-inclusive item (like a Liquor Shot) is added, the tax is applied to the full price of the inclusive item (including its inherent tax). This is the default setting if not specified.
Exclusive: If a bill includes tax-exclusive items and a tax-inclusive item (like a Liquor Shot) is added, the price of the tax-inclusive items is reduced by the tax amount.
D. Choose the organization's Receipt Option from the drop-down menu to either show itemized taxes or combined:
Itemized: Each tax is listed separately as an individual line item on the receipt. This is the default setting if not otherwise specified.
Combined: All taxes are grouped together into a single line item, typically labeled as "Tax."
E. Enter the option Combined Receipt Name to display this tax on the customer receipt
3. Click Save to save your changes.
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.
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