We see a large number of Indian users preferring SalepointPOS, so writing this guide to help them use the application in a better way.
Tax settings:
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3 Different taxes in India:
- CGST (Central Goods & Services Tax)
- SGST (State Goods & Services Tax )
- IGST (Integrated Goods & Services Tax)
Go to Settings -> Tax Rate setting.
1. Create a tax with name CGST@10% and Tax Rate %: as 10. (10% is for example only, use the tax rate applicable)
2. Create a tax with name SGST@10% and Tax Rate %: as 10. (10% is for example only, use the tax rate applicable)
3. Create a tax with name IGST@14% and Tax Rate %: as 14. (14% is for example only, use the tax rate applicable)
4. Below Tax rate, it shows “Tax groups ( Combination of multiple taxes )”. Create on Add, enter the tax group name as Intra-State-CGST-SGST and select sub-taxes CGST@10% & SGST@10%.
5. Below Tax rate, it shows “Tax groups ( Combination of multiple taxes )”. Create on Add, enter the tax group name as Inter-State-IGST and select sub-taxes IGST@14%.
With this now when you purchase or sell a product you can select the applicable tax.
Displaying HSN Code for items (For some business)
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1. HSN code depend on the category of a product.
2. Go to Settings -> Categories, click on “Add”. Add category name and category code. Category code is same as HSN code.
3. To display HSN code in invoice – Go to Settings -> Invoice Settings -> invoice layouts. Add/Edit invoice layout and click on ” Show category code or HSN code”. Save it. Assign that invoice layout to your business.
Above is a comprehensive documentation as per our knowledge on using SALEPOINT POS for Indian users, do check it out.