How to setup Invoices Tax code for Island of France, French Republic?

Updated on October 19, 2016 02:45AM by Admin

Users in Island of France,French Republic can easily set up their online Invoices to charge for the sales/services taxes.  In France businesses are required to charge VAT taxes on all products/services they sell. In Apptivo, you can use our Single rate tax code calculator to make these tax rates available for use when creating invoices.

The Tax Code followed in Island of France, French Republic

The Value Added Tax (VAT), is a form of consumption tax and it is collected at the standard rate of 19.6%  on all supplies of goods and services. While lower rates of 7% are applied to Books and restaurant meals and 5.5% for most groceries.

Reference: Value Added Tax (VAT) rates of Island of France, French Republic is referred from Wikipedia and Tax rates web sites.

Steps to Configure Taxes on Invoices App Settings

  1. Log in and access Invoices App from your universal navigation menu bar.  
  2. Click on “More” icon and select "Settings" from the app header bar. 
    invoice settings
  3. Click on “Taxes” from left navigation panel.
    taxes
  4. Select “Single Rate Taxes” on taxation.  
    single rate tax
  5. Click “Create” button to create a single rate tax.  
  6. Provide the following:
    • Tax Code – Code of the tax.
    • Tax Rate Type – Select a type either fixed or percentage.
    • Tax Rate – Rate of the tax (percentage or amount). 
    • Print Label – Name of the tax.
    single rate tax
  7. Click on “Create” button to complete.
  8. You can view the created single rate tax code in a list.
    overview
  9. By default, the created single rate tax will be in enabled mode. 
  10. You can proceed creating a new invoice with the above settings. 
  11. You can either E-mail an invoice with PDF attachment or manually print invoice to the customer. 
  12. You can view the invoice Tax code items subtotals on PDF format. 
    pdf template
  13. You can capture the tax code at invoice header level and line level.

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