Invoice Home Blog

HOW TO: Add Two Taxes or a Compounded Tax to an Invoice

Published August 17, 2021

Taxes
© tashatuvango /Adobe Stock

Life can be complicated, and so can taxes.

We get it. Sometimes you need to add a tax to just a single item on the invoice. Sometimes, you need to add two taxes. And sometimes...you need to add compounded taxes.

Don’t worry, with Invoice Home you can do it all in a snap.

Here’s how!


Desktop



1. Sign in to Invoice Home here.


2. Create a new invoice, or open an existing invoice in your document list and click the edit tab.

Open and Edit an Invoice


Open and Edit an Invoice

3. Click the “Add a Tax” button.

Add a Tax

4. Click “Add New Tax”.

Add New Tax

5. Enter the tax name, and percentage rate. Click “Save Tax”.


Name the Tax

6. Click on the name of the tax you created.


Click on the Tax

7. To add a second tax, click on the tax button.


Tax Button

8. Create another new tax as instructed above, or from the list of taxes you previously created, click “Select Second Tax”.

Note: If you need the second tax to be compounded, click the box next to “Compound Tax" when you create a new tax. A compound tax is only used in a few regions in the world, and it's calculated in addition to the primary tax.

Tax Button

Congrats! You’re done! Plus, the taxes you added are all saved so you can use them in the future.


Android



1. Open the Invoice Home App.


2. Tap on an invoice in your document list, or create a new one.


tap invoice” title=

3. Tap “Edit”


tap edit

4. Tap “Add or Edit Items."


Tap Add Saved Items” title=

5. Tap on the item you want to add a tax to.


tap item” title=

6. Tap “Add or Edit Taxes”.


tap save invoice” title=

7. Tap “New Tax”.


tap save invoice” title=

8. Fill in the Tax Name and Tax Rate % fields. Tap “OK”.



9. Create another new tax as instructed above, or from the list of taxes you previously created, tap on the tax so two taxes are checked. Tap “OK”.

Note: If you need the second tax to be compounded, click the box next to “Compound Tax" when you create a new tax. A compound tax is only used in a few regions in the world, and it's calculated in addition to the primary tax.

tap two taxes” title=

Congrats! You’re done! Plus, the taxes you added are all saved so you can use them in the future.


Invoice Home App - iOS



1. Open the Invoice Home App.


2. Tap on an invoice in your document list, or create a new one.


tap invoice” title=

3. Tap “Edit”.


tap edit

4. Tap “Add or Edit Taxes”


tap save” title=

5. Tap on the item you want to add a tax to.


tap item” title=

6. Tap “Add or Edit Taxes”


tap save” title=

7. Tap “New Tax”.


tap save invoice” title=

8. Fill in the Tax Name and Tax Rate % fields. Tap “OK”.



9. Create another new tax as instructed above, or from the list of taxes you previously created, tap on the tax so two taxes are checked. Tap “OK”

Note: If you need the second tax to be compounded, click the box next to “Compound Tax" when you create a new tax. A compound tax is only used in a few regions in the world, and it's calculated in addition to the primary tax.

tap two taxes” title=

Congrats! You’re done! Plus, the taxes you added are all saved so you can use them in the future.


If you need assistance or have any questions, please email support@invoicehome.com

Thank you for using Invoice Home!



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