Are you using the purchase order option in our Hector online asset management software and would like the vendor’s taxes to appear on your purchase order? Here is a guide for setting up taxes in your instance.
Prerequisites
- Have access to the Settings menu and the Operations menu.
- Have access to the Resources menu.
- The delivery location must include a country or state.
Creation of Taxes
Step 1: Settings
Go to the Settings menu and select the General sub-menu.
Step 2 : Taxes
In the General configuration page, go to the Taxes menu.
Step 3 : Creation
Under New, enter the country, province or state, region, canton, or district depending on the location where the tax is applied.
In the Name field, enter the name of the tax (in this example, the VAT tax) and then enter the tax percentage under the “rate %” box, and save.
Tax Configuration by Vendors
Step 1: Suppliers
Under the Resources menu, select the Vendors option.
Step 2 : Configuration
In the Name tab, please enter the name of the supplier whose taxes you want to appear on your purchase order. Then, on the far left, click on the three dots and choose the second icon for the Edit option.
Step 3 : Taxes
Under Details, select the currency from the dropdown menu, check the Taxable box, and save.
Using Taxes in Your Purchase Orders
When creating your purchase order, after selecting the supplier’s name from the dropdown menu and adding the assets (make sure the assets already have an assigned unit price), you will find at the top of the page, under Amount, the subtotal as well as the taxes calculated based on the delivery address and the total amount, including taxes.
All you have to do is repeat the steps for each of your different suppliers.