Setting up tax rates in RankingMojo ensures that the appropriate taxes are applied to your services based on the region. Follow these steps to set up and manage tax rates:
- Set Up New Tax Rates:
- Log in to your RankingMojo account.
- Click on the Sales tab in the main menu.
- Select Tax Rates from the dropdown menu.
- Click the New button to create a new tax rate.
- Fill Out Tax Rate Details:
- Enter the required details:
- Name: The name of the tax rate.
- Region: The region where the tax rate will be applied.
- Percentage: The tax rate percentage.
- Type: Specify whether the tax is inclusive or exclusive.
- Click Save to create the tax rate.
- Apply Tax Rates to Services:
- You can apply these tax rates to your services, ensuring that users in the specified regions will have the appropriate tax calculated during the checkout process.
- For more information on how to add and edit your services, refer to our Adding Services article.
- Edit Existing Tax Rates:
- To edit an existing tax rate, go to the Tax Rates page.
- Click on the three dots next to the tax rate in the table.
- Select Edit and update the necessary details.
By following these steps, you can ensure accurate tax calculations for your services, enhancing compliance and customer satisfaction.