Tax Codes

Tax Codes are required for GST calculations on Invoices, Expenses, Purchase Orders, and other areas throughout HirePOS.

For example, whilst most goods and services attract a 10% tax (15% in New Zealand), there are exceptions such as certain foods, and medical goods.

Items that attract a Tax will typically be assigned the GST code. Items that do not attract a Tax will typically be assigned the FRE code.

Keep in mind that changing tax codes and their respective values will not retrospectively change the tax codes or rates of your item setup. Correcting these prices in bulk is best performed via an Item Prices import.