Tax management
Under Settings > Tax management you define how Locaboo handles VAT. The settings are spread across three tabs: General (↗ open), Tax rates (↗ open), and Tax rules (↗ open).
- Create tax rates – e.g. 19 % and 0 %
- Choose default tax rate – applies to all customers and resources
- Set calculation method – vertical (recommended) or horizontal
- Create tax rules – exceptions per customer group (e.g. 0 % for schools and clubs)
Calculation method
Section titled “Calculation method”| Method | Description |
|---|---|
| Vertical | Entered prices are exclusive of tax. VAT is added on top of the price. (Recommended) |
| Horizontal | Entered prices already include VAT. VAT is calculated from the price. |
Tax rules
Section titled “Tax rules”Tax rules let you set deviating tax rates for specific customer groups – for example 0 % for clubs and schools.
Tax rules must be created separately for main resources and sub-resources. Use copy to transfer a rule quickly to both levels.
Tax for inventory and services
Section titled “Tax for inventory and services”Tax rates for inventory and services can be set separately. You will find this in the settings of each inventory item or service.