Assigning India Tax Nature to Items
Assigning tax nature to an item means selecting whether it's goods, services, or capital goods. When you select the item in a transaction, its tax nature populates automatically.
To assign a default India tax nature to an item:
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Go to Lists > Accounting > Items.
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To assign tax nature to an item, click Edit next to it.
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Click the Accounting subtab.
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Under the India Tax Information section, in the Nature field, select the tax nature for the item.
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Click Save.