ECommerce - VAT Added To Product Pricing

IBOS now gives you the capabilities to include Value Added Tax (VAT) as part of your products’ total prices.

The tax will be added to the prices displayed on all product-related pages and features, including the Product List and Details pages, Product Widgets, Featured Items and the products stored in your Favorites folder.

The tax will also be displayed in your Shopping Cart and your Shopping Cart Checkout page.

Setting Up Your VAT Rate

The VAT that will be added to your products’ prices will depend on the value placed in the Tax Rate field.

The Tax Rate field can be accessed through the Ecommerce tab, under Store Management.

To set up your desired Tax Rate, click the Add button found on the top right corner of the Tax Rate screen.

In the Tax Rate Add window, you’ll be asked to fill up the following fields as shown below:

• Description - This will serve as the name of your Tax Rate.
• Region - This is based on your list of Locations. You can set up more than one tax rate if you happen to have more than one store location.

• Rate - The value you put in here will serve as the VAT percentage to be computed. Make sure that the value you place here is in decimal format.
• Limit - By default, leave this at zero (0).

Once you’ve filled up all the required fields, click the Disk icon found at the top right corner of the screen to save your work and your tax rate.