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Add Taxes with regard to Servicing Income

SyncUpSyncUp Member Posts: 2

Hello,

I am a service provider and do not sell goods. I am from India and a tax GST is common tax levied for both services and Goods, with different rates, as applicable to the transaction.

Wave only allows to add taxes wrt sales, what about taxes wrt services i.e Consulting Income?

Thanks

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    JulianPJulianP Member Posts: 1,002 ✭✭✭

    Hey there @SyncUp !

    To clarify, are you looking to apply tax to a service you offer your clients in Wave? If so, you will have to record the service under Sales > Products & Services. Then when you record an invoice, you will want to add the service as an item line and apply to tax in question. I hope this helps. If I missed the mark, please let me know and I will gladly assist you further.

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