Before you start adding products to your POS system, we recommend setting your tax rates up.
Step 1: Select the Mange Tax Rates option from your menu and then click on the orange +Add Tax Rate button
Step 2: The tax form is fairly straightforward to fill in. The first thing to do is name your tax rate (for example, in the USA it is a Sales Tax, in the UK – you would call it VAT and in Australia GST). Next, enter the tax rate as a percentage. Finally, you need to add your rounding rules. If you are unsure of the rounding rules, please seek advice from your accountant or bookkeeper. Clubworx can cover all of your options by rounding up, down or to the nearest cent, 5 cents or 10 cents.
Step 3: Save your tax rate.