Tax types with multiple rates and locations can be confusing to set up. Following this guide will ensure Goodshuffle Pro users set up all their different tax types and rates correctly!
Tax Types Panel
First, let's navigate to the Tax Types panel.
Click the downward-facing arrow to the right of your name at the bottom left of the screen
Select "Account"
Click the "Policies and Taxes" tab
Select "Tax Types" located at the bottom left of the tab options
Only the Account Owner and Admins can access the Tax Types panel.
Adding/Editing Tax Types and Rates
A Tax Type is a specific type of tax like Rental Tax, Beverage Tax, Sales Tax, etc. This should be easy if you only have one type of tax you charge for all items (even if it varies per county). We allow for many because some folks must charge a completely different tax for certain items, such as food and beverage.
A Tax Rate is the percentage taken from the subtotal. Different locations may have different rates for each tax type. Let's set up a new Tax Type and then add different tax rates to different locations to that type.
Do NOT add a different tax type for each location. This will make it impossible to add the appropriate type to your inventory.
Click on "Add New" to add a new Tax Type.
Here, we can define any tax type we want. For this example, let's use sales tax. Type "Sales Tax" into the text box and click "Save".
Now, we can define different locations and their associated rates for the "Sales Tax" Type. We will start by creating a statewide Sales Tax for Boulder at a rate of 2%.
Be sure to click the suggested name below so Google Maps can populate the County and State information.
After we click "Add" for our city-level tax, we can add different taxes for specific counties and states.
For instance, let's add a 3% tax for Boulder County and 4% for Colorado (state).
Now I can quickly and easily see when I do a project in Boulder, I'll charge the 4% State, 3% County, and 2% City rate for a total of 9%
I can also click the 'Map' icons to see the limits of these areas.
We have a different "Sales Tax" rate for Denver, even though Denver is in Colorado. Let's make a few more and see what it looks like.
Do you need to charge a Services Tax on your Labor and Cleaning fees? You can set this tax type to only apply to services moving forward.
If you want to add other Tax Types, repeat the above steps. Let's take a look at our finished product with multiple Tax Types and locations.
We're done!! We have successfully set up all our different Tax Types and rates. Now, we can select any type of tax when creating an item in inventory or building a project, and the software will automatically find the correct rate to use based on the location of the venue, logistics (drop-off or Pickup), or your company headquarters.
Check out this article here to learn about adding Tax Types to inventory and custom items.