Accounting Core

Tax

If you are doing any kind of profitable business, you must pay taxes. In the WPERP accounting system, this feature is included.

Terms:

  • Tax Zone: Tax rates may be different for different cities. This feature gives the opportunity to create different zones so that different tax rates can be set for different zones.
  • Tax Category: There are several types of tax categories available. This feature gives the opportunity to create different tax categories for different tax rates.
  • Tax Agency: There maybe one or several agencies available who collect taxes. One agency can have different tax rates for the same tax category than other agencies.

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