Available for all licenses
The Tax Center is an area in the MarketRock Configurations that allows you to:
- Configure the Tax Classes of your Products
- Integrate your Management Software
In this article, you will learn how to configure the Tax Classes, while if you want to know more about the Integration with your management software, you can read this detailed article.
Configuring the Tax Classes of Your Products
Configuring Tax Classes is very simple, and their management is aimed at ensuring the correct VAT calculation for invoicing. If you want to know more about Tax Classes and VAT calculation, please refer to this comprehensive article.
To add a new Tax Class:
- Click the New Tax Class button to create a new VAT rate grouping.
To edit an existing Tax Class:
- Click the Edit Tax Class button to modify previously entered VAT rates.
To delete an existing Tax Class:
- Click the Delete Tax Class button to remove a previously added group.
By default, MarketRock includes a "Standard" Tax Class for European countries with VAT rates as follows:
- Italy: 22%
- Germany: 19%
- France: 20%, etc.
These settings are pre-configured for ease of use, but they can be modified according to your needs.