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Finance: Invoices and Payments

Last Update há 6 dias

Invoices & Billing Finance Dashboard Overview Connecting Stripe to TalleFlow Payments & Invoicing Tracking Payments from Contacts

Global Tax Rate

Vaasu Guduguntla

Last Update há um mês

What Is the Global Tax Rate in TalleFlow?

The global tax rate is a default tax percentage you set once in Finance Settings. Once set, it's available as the default whenever you create an invoice, so you don't have to re-enter it every time. You can accept the global rate, override it on a specific invoice or line item, or mark an invoice as tax exempt.
Tax shows up as its own line in the invoice summary so clients can see exactly what they're being charged.

Set a Global Tax Rate

  • Go to Finance → Settings.
  • Scroll down to the Tax field (alongside the global surcharge rate).
  • Enter your default tax rate as a percentage — for example, enter 8.25 for 8.25% (not 0.0825, and not 825).
  • Save your settings.
The global rate will now be available as the default whenever you create an invoice.
💡 Tip: Enter the number the way it reads on paper. A sales tax of 8.25% is entered as 8.25. There's no need to convert it to a decimal.

Apply Tax in the Invoice Editor

  1. Open the invoice in the editor.
  2. Click the Invoice tool on the canvas to open the Properties Panel.
  3. Choose whether to apply the global tax rate.
  4. Review the tax rate field — you can accept the global default or enter a custom rate for this invoice.
  5. To override tax for a specific line item, set the tax rate at the line level.
  6. Click Save Invoice for your changes to appear on the canvas.

Mark an Invoice as Tax Exempt 

If a particular client or invoice shouldn't be taxed, you can turn tax off for that invoice:
  1. Open the invoice in the editor.
  2. In the Properties Panel, toggle Tax Exempt on.
When tax exempt is on, no tax is applied to that invoice, even if a global tax rate is set. This is handled per invoice, so your global default stays in place for everything else.

    Override Behavior

    • A line-level tax rate takes precedence over the invoice/global rate for that line.
    • An invoice-level tax rate overrides the global default for that invoice.
    • If an invoice is marked tax exempt, no tax is applied regardless of other settings.
    • If no tax is configured at any level and the invoice isn't exempt, tax defaults to 0.

      How Tax Affects Invoice Totals 

      • Subtotal — Sum of line items
      • Tax — Calculated from the discounted subtotal
      • Surcharge — Calculated from the discounted subtotal (independently of tax)
      • Total — Discounted subtotal + tax + surcharge
      Tax and surcharge are always calculated from the same base — the post-discount subtotal — and are independent of each other.

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