Don’t let complicated tax calculations be the hassle of your billing! As a comprehensive billing software HostBill offers a wide range of tax options so you can configure the tax by yourself or use one of our pre-set tax settings, which means no more sweating over manual calculations of relevant taxes!
Easy tax configuration and automatic tax calculations in HostBill
To address multiple tax calculation issues, HostBill is capable of defining complex tax structures and adding additional taxes which are calculated over other tax amount. With HostBill you can set multiple tax rules and levels to comply with all applicable legal requirements. Once you enable taxes in HostBill you can easily configure your tax rates and options.
There are multiple configuration options that allow you decide how the tax should be calculated. You can choose if the tax should be inclusive or exclusive, decide if and how to round tax, you can add additional taxes for late invoices, calculate negative tax, control whether tax should be calculated before or after credit is applied and much more.
In HostBill, you can also set the tax rate per item, regardless of the localization. This gives you plenty of new opportunities, especially when you have multiple products and services in your portfolio that need to have different tax rates applied, as it may be the case in some of the European Union countries. You can also create multiple tax groups with different tax levels and assign them to different products.
If you’re running an EU-registered business HostBill gives you the tool to make the EU tax configuration quick and simple. The fastest way to add all rules for your country and other EU-Member countries is to use the premade tax list, where all taxes are already configured. Collecting VAT ID numbers can be easily done through Registration Fields - simply select the “European Business” profile in the Premade field profile, which will automatically add VAT-EU field. And to verify client VAT ID against EU VIES system you can use VIES VAT plugin that automatically enables tax exemption for verified EU businesses and sets local tax rate for non-business customers.
Speed up your billing process and use HostBill to calculate the appropriate tax and add it to your invoice!
Read more about tax calculation in HostBill in our recent blog post at https://blog.hostbillapp.com/2020/07/24/feature-overview-tax-calculations-in-hostbill/
Find out more about HostBill billing software at https://hostbillapp.com/hostbill/automatedbilling/
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About HostBill:
HostBill is a powerful and flexible, all-in-one automation, billing, client management and support platform for online businesses. HostBill handles all aspects of running a successful online business, from client acquisition, through invoicing and payment collection, automated service provisioning and management, to customer service and support. Extensive range of advanced features, multitude of modules and apps and integration with various control panels, domain registrars, payment gateways, order pages, client panels and more, make it the most comprehensive solution on the market for Hosting, Cloud/IaaS/VPS Solutions Providers, Domain name and SSL Resellers around the globe to automate and manage their online businesses.
If you don't have your HostBill license yet, compare the licenses and check out the pricing at https://hostbillapp.com/pricing/
You can also sign up for our newsletter to be the first to know about special offers, promo codes, new product releases and more!
Easy tax configuration and automatic tax calculations in HostBill
To address multiple tax calculation issues, HostBill is capable of defining complex tax structures and adding additional taxes which are calculated over other tax amount. With HostBill you can set multiple tax rules and levels to comply with all applicable legal requirements. Once you enable taxes in HostBill you can easily configure your tax rates and options.
There are multiple configuration options that allow you decide how the tax should be calculated. You can choose if the tax should be inclusive or exclusive, decide if and how to round tax, you can add additional taxes for late invoices, calculate negative tax, control whether tax should be calculated before or after credit is applied and much more.
In HostBill, you can also set the tax rate per item, regardless of the localization. This gives you plenty of new opportunities, especially when you have multiple products and services in your portfolio that need to have different tax rates applied, as it may be the case in some of the European Union countries. You can also create multiple tax groups with different tax levels and assign them to different products.
If you’re running an EU-registered business HostBill gives you the tool to make the EU tax configuration quick and simple. The fastest way to add all rules for your country and other EU-Member countries is to use the premade tax list, where all taxes are already configured. Collecting VAT ID numbers can be easily done through Registration Fields - simply select the “European Business” profile in the Premade field profile, which will automatically add VAT-EU field. And to verify client VAT ID against EU VIES system you can use VIES VAT plugin that automatically enables tax exemption for verified EU businesses and sets local tax rate for non-business customers.
Speed up your billing process and use HostBill to calculate the appropriate tax and add it to your invoice!
Read more about tax calculation in HostBill in our recent blog post at https://blog.hostbillapp.com/2020/07/24/feature-overview-tax-calculations-in-hostbill/
Find out more about HostBill billing software at https://hostbillapp.com/hostbill/automatedbilling/
***
About HostBill:
HostBill is a powerful and flexible, all-in-one automation, billing, client management and support platform for online businesses. HostBill handles all aspects of running a successful online business, from client acquisition, through invoicing and payment collection, automated service provisioning and management, to customer service and support. Extensive range of advanced features, multitude of modules and apps and integration with various control panels, domain registrars, payment gateways, order pages, client panels and more, make it the most comprehensive solution on the market for Hosting, Cloud/IaaS/VPS Solutions Providers, Domain name and SSL Resellers around the globe to automate and manage their online businesses.
If you don't have your HostBill license yet, compare the licenses and check out the pricing at https://hostbillapp.com/pricing/
You can also sign up for our newsletter to be the first to know about special offers, promo codes, new product releases and more!
