To add or modify taxes, go to SETUP | SETTINGS | TAX CONFIGURATION. In this section, you can modify your primary currency (currency used across system), add new taxes, and edit the current tax settings. There are two main taxes, the primary and secondary tax. When these taxes are enabled, tax is automatically calculated on room rent in bookings, as well as any Inventory Items (which can each have unique tax settings), when posted to folios. You can enable one or both of the Primary and Secondary taxes depending on your needs. If you have either Primary or Secondary Tax enabled, the values of these fields will automatically populate the RENT and Inventory items, with these taxes calculatedvalues. Additional As many additional taxes can also be added, such as a flat fee per night or a percentage, and applied to Room Rent and/or applied to inventory items. This is useful for flat fees or sales tax on inventory items (such as Service Fees or Parking fees). See instructions below . See Add and more info at Additional Taxes. To change the name of your taxes, go to Custom System Labeling. OTA Tax ExemptBecause the global tax regime is changing to reflect OTAs such as Airbnb, VRBO, Expedia, Booking.com, and others who collect some or all of your hospitality taxes (and pay this to your tax authority directly), you have the ability to select for a specific OTA what we refer to as OTA Tax Exemption flags. What this means, is that one or more of the taxes you are using for Room Rent may be 'exempt' when coming via an OTA channel. We can set your OTA channel to be custom as you need it. so that the tax exempt flag is selected automatically when an OTA booking occurs. Just ask your Support Rep to make the desired tax exemption for each OTA you need a variation of 'exemptions' set. |