Managing your Tax Rates
Invitbox allows you to choose which of your QBO tax codes to act as the default.
You can have 2 types of defaults within invitbox - your default taxable and non-taxable codes at a company level, and also the default taxable code for an individual supplier.
Setting your 2 default tax rates at company level
Once invitbox and QBO have connected to each other, invitbox would have imported all of your QBO tax-codes. You now need to tell invitbox which are the 2 defaults. This is set via Admin tab> Tax Rates > edit.
As shown in the image below, put a tick in the default tax free box for 0% GST Free and a tick in the default taxed box for GST on expenses
Once you have done so, click Save.
Once you do so, when invitbox detects that an item is taxable or non-taxable it will use these defaults to send with the bill/line-data to QBO unless you choose to assign another non-default tax code to the item.
(For further information on assigning non-default tax codes to a bill, see here)
Setting a default tax rate against a certain supplier
Usually the Supplier tax code is left blank, which allows the 2 defaults set above to work with maps.
But there may be circumstances where you assign a certain supplier with a different tax code to the defaults you have set at company level (above).
Go to Admin tab> Suppliers;Edit, choose the supplier, click Edit. You can then choose to set a default tax rate from the drop-down list.
Please note that you can only set one default tax rate. If you set a taxable rate as the Supplier default, your invitbox company non-default tax rate will still be applied if there is a non-taxable item within the supplier bill. And vice-versa.