How do I add Tax rates using HitPay POS?

With HitPay POS, you can create and manage taxes directly from the mobile app.HitPay fees are calculated from the total amount of each transaction, including taxes and tips.

To set up a Tax, follow this quick guide:

1. Create Tax via Settings
2. Apply an automatic default Tax at Checkout
3. Apply / Create a Tax at Checkout
4. What's the difference between Tax-Inclusive and Tax-Exclusive Tax?

Create Tax via Settings

Step 1: Click the Hamburger Menu icon on the top left corner of the app

Step 2: Click the Settings menu > Taxes

Step 3: Click the "+" button to create a new Tax

Step 4: Key in Tax details including name, rate, and whether tax is inclusive or exclusive of the total amount/product pricing. 

Step 5: You will see your list of newly created Taxes as a list under Taxes page. 

Apply an automatic default Tax at Checkout

Step 1: Under Settings > Taxes, you will see a "Choose Tax Default" dropdown selection. It will be set to None by default. Click on the right-hand arrow to set a Tax Default. 

 

Step 2: Upon clicking the tax dropdown, you will see a list of tax options.
Select a tax to be applied in the checkout by default.  

Apply / Create a Tax at Checkout

Step 1: Create a Quick Sale / Products charge on the HitPay app or web dashboard

Step 2: After selecting your chosen payment method, you will be brought to the Checkout page. 

Note:
If you have set a default tax, it will be added to the total amount at Checkout. 

If none of the taxes is set to be applied to checkout by default, the "Add Tax" button will show up. 

Step 3: Click on Add Tax. If you have previously created Taxes, you will view a list of taxes. Otherwise, you will be prompted to create a new tax.

Step 4: Swipe left on an existing tax to edit its details. 

Step 5: To apply a Tax, select a tax option and click Apply.

Note: Only one tax can be applied to one order.

What's the difference between Tax-Inclusive and Tax-Exclusive Tax?

• A Tax-Exclusive Tax is added to the Total Amount at the point of the final transaction.
  Example: A merchant may charge $100 for a service, and add GST (7%).
  Adding a Tax-Exclusive GST adds an additional $7 at the point of purchase.
  The Total Amount is then $107.00.

• A Tax-Inclusive Tax is already included in the price of purchase.
  Example: A merchant may charge $100 for a service, with GST (7%) included as a Tax-Inclusive Tax. The Total Amount is thus $100.