Default tax code
A tax code or tax class determines the applicable tax rate based on what you are selling.
Configuring a "default tax code" for your Quaderno account is mandatory. It will be used when the product details are not available on a specific transaction. To make sure all transactions receive all the product details, please check Managing products.
The default tax code is especially useful when you only sell that kind of product. To configure your Default tax class
, head to the preferences page.
Quaderno offers the following tax codes :
e-Service
: for digital goods or services (excluding e-books).e-Book
: for electronic books.SaaS
: for Software as a Service (a.k.a. on-demand software).Consulting
: for consulting or other professional services in cases where sales in your own jurisdiction are taxable but sales to other jurisdictions are not taxable.Standard rate
: for any general goods or services not included in the categories above with standard tax rates.Reduced rate
: for any general goods or services not included in the categories above with reduced tax rates.Tax-exempt
: for any tax-exempted goods or services.
While Quaderno supports worldwide tax calculations for the tax classes above, Quaderno does not support automatic calculations for excise goods, partial sales tax exemptions for clothing or other goods, or customs duties.
To learn more about the applicable tax rate for each product, check the article "Which tax rate do I have to apply?".