Auto-selection of Taxes in ApprovalMax for Xero
In Xero, you
can set default Taxes for:
- Contacts
- Inventory Items
- Accounts in the chart of Accounts
ApprovalMax follows the same logic as
Xero and applies your default Taxes for Bills, Invoices and
AP/AR Credit Notes in the following order of priority:
1. The default Tax rate for the Contact used in a transaction
2. The
default Tax rate for the Inventory Item used in a transaction line (if an Inventory Item is being used)
3. The
default Tax rate for the Account code used in a transaction line
For Purchase Orders* only, the Inventory Item's Tax rate is used in preference to the Contact's Tax rate.
Depending on the settings and the priority of what's added to a request, different options can be achieved:
Case |
Purchase Order |
Bill |
Contact and Item have Account and Tax specified |
First -
Inventory Item is added
Second - Contact is added |
Item’s Tax rate |
Item’s Tax rate |
First - Contact is added
Second - Item is added |
Item’s Tax rate* |
Contact’s Tax
rate |
Contact has Account and Tax specified, Item
doesn’t have either
|
First -
Inventory Item is added
Second - Contact is added |
Contact’s Tax
rate |
Contact’s Tax
rate |
First - Contact is added
Second - Item is added |
Contact’s Tax
rate |
Contact’s Tax
rate |
Contact doesn’t have records, Item does |
First
- Inventory Item is added
Second - Contact is added |
Item’s Tax rate |
Item’s Tax rate |
First - Contact is added
Second - Item is added |
Item’s Tax rate |
Item’s Tax rate |
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