Ensure accurate calculations with billing software that takes care of business for you.

Navigate to Settings -> Data configuration -> Tax from the menu on the left hand side menu.

Tax List

Your Swipez account comes with a default tax list, which includes the commonly applicable taxes. The values such as CGST @ 9%, SGST @ 9%, IGST 18%, etc., are automatically calculated when creating an invoice. 

Create new tax slabs

Click on the Create Tax button to create new tax values. 

  1. Enter a name of your tax component in Tax name
  2. Select your tax type, say Other
  3. Enter the rate set by the government in Percentage
  4. Add an optional long form description for your reference
  5. Click Save

The tax setup form has been kept flexible so you can enter the rate that has been assigned by the government.

Setup fixed tax amount

There are times when you need to add a fixed value tax to your invoices. In such scenarios from the Create tax screen choose the Tax type as Fixed tax amount and enter the Amount applicable in this tax slab.

 

Taxes created here will show up in the Add taxes section of your invoice creation screen. Here's a video to help you add tax rates to your invoices.