2 docs tagged with "tax"

Raytio's Financials – Tax (FTX) module manages tax configuration and calculation for Accounts Receivable and Accounts Payable transactions. It supports multiple tax regimes (e.g. New Zealand GST, Australian GST, UK VAT), multiple classification codes per regime, and automatic tax calculation when transactions are completed or validated.

This guide walks through the steps to configure the General Ledger, subledger accounting, and tax. Complete these steps in order — each step builds on the previous one.