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:

  1. Go to Lists > Accounting > Items.

  2. To assign tax nature to an item, click Edit next to it.

  3. Click the Accounting subtab.

  4. Under the India Tax Information section, in the Nature field, select the tax nature for the item.

  5. Click Save.

Related Topics

General Notices