Add or change a tax
books_save_taxA tax rate the books use (VAT, GST, sales tax), matched by name. Tax charged on sales is owed on sales_account (default: the sales tax account); tax paid on purchases is reclaimed on purchase_account (default: the tax to reclaim account; null when it can't be reclaimed, and it stays part of the cost). A rate in use can't change: add a new tax and archive the old one. Invoices make the taxes they need on their own. kind makes a new tax one the business owes itself, like Xero's reverse charge rates: rc_eu (services from another EU country), rc_abroad (from outside it), rc_home (reverse charge at home) or eu_goods (goods from another EU country); on an expense or a bank line it books the VAT owed and reclaimed at once, the amount paid being without VAT. kind import is import VAT paid at customs, no rate: what is booked with it is the VAT itself, reclaimed whole on the import VAT account (1310, made with it), where an expense or a bank line counts with no tax named (box 62 in Germany, box 4 in the UK). Conecto gives no tax advice; the rates are the business's. Costs $0.001 per call; nothing if it fails.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| kind | No | For a new tax: VAT the business owes itself, or import VAT. | |
| name | Yes | ||
| rate | No | Percent, e.g. 19. | |
| archived | No | ||
| new_name | No | ||
| sales_account | No | An account code from the chart, e.g. "6600". | |
| purchase_account | No |